Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Ugro Capital Limited ( (IN:UGROCAP) ) has shared an update.
Ugro Capital Limited has announced the allotment of 15,89,170 equity shares following the conversion of Compulsorily Convertible Debentures (CCDs), as part of a capital raise amounting to INR 534.64 crores. This conversion increases the company’s equity share capital, reflecting a strategic move to bolster its financial position and enhance shareholder value.
More about Ugro Capital Limited
Ugro Capital Limited operates in the financial services industry, focusing on providing capital solutions. The company is involved in the issuance and management of financial instruments such as equity shares and convertible debentures, with a market focus on capital raising and financial growth.
Average Trading Volume: 20,117
Technical Sentiment Signal: Sell
Current Market Cap: 19.57B INR
See more insights into UGROCAP stock on TipRanks’ Stock Analysis page.