UGRO Capital raises INR 380 crore via NCDs fully subscribed by FMO
Ugro Capital Ltd · Finance
What the filing says
- UGRO announced on September 16, 2026 that it raised INR 380 crore through 38,000 senior, secured, rated, listed, redeemable and transferable NCDs, fully subscribed by FMO.
- This is FMO's third investment in under three years, after INR 250 crore in December 2023 and INR 260 crore in February 2025; FMO's cumulative commitment is INR 890 crore.
- The five-year NCD proceeds go to women-led, youth-led and rural SMEs and eligible green projects; UGRO has raised over INR 1,300 crore from development finance and impact investors.
Why it's rated notable: amount is 5% or more of market value
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
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More from Ugro Capital Ltd
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
