The program will be done through a private placement as part of three series (series I, II and III), each with a basic size of 100 crores ₹ and an option of green shoe of 50 crores ₹. The NCDs, labeled in Indian rupees with a nominal value of 10,000 ₹ each, will be listed on BSE Limited.
The date of provisional allocation is October 16, 2025, with deadlines scheduled for January 15, 2027 (Series I), October 15, 2027 (Series II) and April 15, 2029 (Series III). The instruments will offer payments of monthly interest at nominal rates of 9.50 %, 9.75 % and 9.99 % per year for series I, II and III, respectively.
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Debunts will be guaranteed by a first -row, exclusive and continued by mortgage on all loans to receive present and future Ugro Capital, with minimum security coverage of 1.10 times the unpaid capital and the interests run.
In the event of delay in the payment of interest or the principal, a penalty at the rate of the coupon increased by 2% per year will be applied. The reimbursement of the NCDs will take place on their respective dates of maturity. The company has confirmed that there is no particular right, defect or commentary on the part of the trustee concerning the titles.
Ugro Capital LTD shares closed at 186.00 ₹, down 1.97 ₹, or 1.05 %, at ESB.
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