The NCDs carry a tenure of 15 months from the deemed date of allotment and will mature on 27 February 2027. Investors will receive interest at 9.50% per annum, disbursed every month.

Ugro Capital is a pioneering DataTech NBFC specializing in MSME and small business financing. By leveraging advanced data analytics and an extensive distribution network, it bridges the vast small business credit gap in India, delivering tailored credit solutions to micro, small, and medium enterprises (MSMEs) across the country.

The company’s standalone net profit increased 21.9% to Rs 43.31 crore on 34.5% jump in total income to Rs 461.18 crore in Q2 FY26 compared with Q2 FY25.

The scrip declined 1.73% to Rs 182 on the BSE.