QGO Finance exempt from related party disclosures for FY26

1 min read     Updated on 26 May 2026, 10:08 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

QGO Finance Limited is exempt from related party transaction disclosures for FY26 as its paid-up capital and net worth are below SEBI limits. The company informed BSE on May 26, 2026, that Regulation 23(9) does not apply due to the exemption under Regulation 15(2).

powered bylight_fuzz_icon
41359065

*this image is generated using AI for illustrative purposes only.

QGO Finance Limited is exempt from disclosing related party transactions for the financial year ended March 31, 2026, due to its capital structure and net worth falling below regulatory thresholds. The company communicated this to BSE Limited on May 26, 2026, citing Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which provides relief to smaller entities.

The disclosure requirements under Regulation 23(9) are not applicable because QGO Finance's paid-up equity share capital and net worth do not exceed the limits specified in Regulation 15. This exemption allows the company to bypass the detailed compliance obligations typically mandated for larger listed entities regarding transactions with related parties.

Financial Metrics for FY26

The company's financial position as of March 31, 2026, confirms its eligibility for the exemption. The following table details the key figures:

Metric Amount
Paid-up equity share capital ₹6,95,28,000
Net worth ₹21,14,58,471

Urmi Joiser, Company Secretary & Compliance Officer, signed the intimation submitted to the exchange. The filing confirms that the company remains within the ambit of the exemption provided by the SEBI Listing Regulations, thereby altering its reporting obligations for the period.

Historical Stock Returns for QGO Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-4.37%-11.03%-3.71%-19.03%-25.19%+116.22%

What strategic initiatives could QGO Finance pursue to grow its capital and net worth beyond the regulatory thresholds in the coming years?

How might the exemption from detailed related party disclosures impact investor confidence and transparency perceptions of the company?

Could this regulatory relief provide QGO Finance with a competitive advantage in operational flexibility compared to larger peers?

QGO Finance allots ₹2 crore NCDs at 12% coupon

1 min read     Updated on 20 May 2026, 04:42 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

QGO Finance Limited allotted 200 unsecured NCDs worth ₹2 crore on May 20, 2026, carrying a 12% annual coupon payable monthly. The instruments mature on May 19, 2035, and were issued via private placement.

powered bylight_fuzz_icon
40821113

*this image is generated using AI for illustrative purposes only.

qgo finance has allotted 200 Transferable Unsecured Non-Convertible Debentures (NCDs) on May 20, 2026. The allotment aggregates to ₹2 crore, with each debenture having a face value of ₹1,00,000. The decision was approved by the company's Board of Directors through a circulation resolution passed on the same date.

The issued instruments are unsecured, unlisted, and redeemable. They were offered to eligible investors on a private placement basis. The debentures carry a coupon rate of 12% per annum, with interest payments scheduled on a monthly basis.

Details of Allotted NCDs

The debentures have a fixed tenure of nine years from the date of allotment. The maturity date is set for May 19, 2035. The total size of the issue is ₹4 crore, while the current allotment constitutes ₹2 crore of that amount.

Particulars Details
Type of securities Unsecured, Unlisted, Redeemable Non-Convertible Debentures (NCDs)
Type of issuance Private Placement
Total number of securities allotted 200
Size of Allotment ₹2,00,00,000/-
Tenure 9 years (Maturity: May 19, 2035)
Coupon Rate 12% per annum payable monthly
Listing status Unlisted

According to the disclosures provided, there are no special rights, privileges, or charges attached to these instruments. Additionally, the company reported no delays in payments or defaults regarding interest or principal amounts. The tranche details indicate that 200 securities are currently pending allotment, while no securities were previously allotted under this specific tranche.

Historical Stock Returns for QGO Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-4.37%-11.03%-3.71%-19.03%-25.19%+116.22%

How will QGo Finance deploy the ₹4 crore raised through these NCDs, and which business segments are likely to benefit from this capital infusion?

Given the 12% coupon rate on these unlisted NCDs, how does QGo Finance's cost of borrowing compare to peers, and could rising interest rates pressure its margins over the 9-year tenure?

Will QGo Finance seek to list these debentures on an exchange in the future, and how might a listing impact liquidity for current NCD holders?

More News on QGO Finance

1 Year Returns:-25.19%