UGRO Capital Ltd. had issued 500 Secured, Rated, Listed, redeemable Non-Convertible Debentures of the face value of INR 1,000,000 each aggregating to INR 500,000,000 ("Debentures"/"NCDs") on 3" October, 2019. The investor had desired to redeem the said Debentures on 3% May, 2020 in terms of the put call option contained in the Disclosure Document dated 26° September, 2020. The same was ntimated to BSE on 7" April, 2020. The Company now has received a request letters from the Debenture holder viz. Chaitanya Rural Intermediation Development Services Private Limited and Debenture Trustee Beacon Trusteeship Limited for early redemption of NCDs. In this connection, the company announced that, the Investment & Borrowing Committee of the Board has approved, the early redemption of 500 Non-Convertible Debentures of INR 500,000,000 of the Company. The same shall be paid to Debenture holder on 13" April, 2020.