Ugro Capital, sector focused small business lending fintech platform is considering raising of funds through various options of borrowings including by way of issue of debt securities on a private placement basis.

Based on the market conditions, Investment and Borrowing Committee will consider and approve such issuances of debt securities during the month ending June 30, 2021 subject to such terms and conditions including the issue price of debt securities, as the Committee may deem fit.

Shares of the company gained Rs 2.85, or 2.67%, to settle  at  Rs 109.60.  The total volume of shares traded  was  20,422 at  the BSE (Friday).