Press Release

UGRO Capital Limited (NSE: UGROCAP | BSE: 511742), a leading DataTech NBFC focused on MSME lending, today announced that its Board of Directors have approved an equity capital raise of INR 1,332.66 Cr through Compulsory Convertible Debentures (CCD) and Warrants. The equity fund raise is subject to shareholder approval.   UGRO raised this capital through an innovative combination of Compulsorily Convertible Debentures with Warrants, ensuring that the capital required for both the current year's growth and next year's growth is effectively locked in today.   This capital raise received strong...