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Ugro Capital approves raising up to Rs 135 crore through non-convertible debentures

The non-banking company has recently approved the acquisition of financial services platform MyShubhLife for an enterprise value of Rs 45 crore in a cash and equity deal.

Board of directors the companyUgro capitalTransferable non convertible debenturesIndian rupeesNon convertible debenturesEmbedded finance fintechCompulsory convertible debenturesSamena capital

Blue Owl Capital (OWL) Appoints Haitham Abdulkarim as Head of Middle East Institutional Business

Blue Owl Capital (OWL) Appoints Haitham Abdulkarim as Head of Middle East Institutional Business
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Stocks that will see action today: May 3, 2024 - The Hindu BusinessLine

Stocks that will see action today: May 3, 2024 - The Hindu BusinessLine
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UGRO Capital buys MyShubhLife in a Rs 45 Cr cash-stock deal

UGRO Capital buys MyShubhLife in a Rs 45 Cr cash-stock deal
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Monish anandSaama capital iv ltdGojo company incAirtel payments bankAssets under managementPine labsSpice moneyPatamar capitalSaama capitalCompulsory convertible debenturesSamena capital

Ugro Capital to acquire Fintech firm MyShubhLife for Rs 45 crore

The board also approved raising equity capital of Rs 1,322 crore through Compulsory Convertible Debentures (CCD) and warrants. The equity fundraise is subject to shareholder approval.

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