QGO Finance Limited has successfully completed the allotment of 550 non-convertible debentures (NCDs) aggregating Rs. 5.50 crore, as announced through a regulatory filing on March 17, 2026. The company's Board of Directors approved the allotment through a resolution by circulation, marking another milestone in the company's fundraising activities.

Debenture Allotment Details

The allotted securities comprise transferable unsecured non-convertible debentures issued on a private placement basis to eligible investors. Each debenture carries a face value of Rs. 1,00,000, with the total allotment of 550 NCDs aggregating to Rs. 5,50,00,000.

Terms and Features

The NCDs offer attractive terms for investors with a competitive interest rate and extended tenure. The securities are structured as unsecured, unlisted, and redeemable instruments with specific maturity provisions.

Issue Structure and Progress

This allotment forms part of a larger fundraising initiative by QGO Finance Limited. The current allotment represents the Tranche-XLII under the company's NCD program, demonstrating the systematic approach to capital raising.

The company has maintained transparency in its fundraising process by providing comprehensive details as required under Regulation 30 of the SEBI Listing Regulations. The NCDs do not carry any special rights, privileges, or security charges, maintaining their straightforward debt instrument structure. QGO Finance Limited continues to utilize the NCD route for capital mobilization, offering investors fixed-income opportunities with regular monthly interest payments over the 9-year investment horizon.

QGO Finance Limited has successfully completed the redemption of its unlisted unsecured non-convertible debentures (NCDs), marking the conclusion of a 7-year investment cycle. The company announced the redemption of 100 NCDs worth Rs 1,00,00,000 on March 16, 2026, fulfilling its commitment to investors and demonstrating strong financial discipline.

Debenture Redemption Details

The redemption process involved 100 unlisted unsecured redeemable non-convertible debentures, each carrying a face value of Rs 1,00,000. The total redemption amount aggregated to Rs 1,00,00,000 (Rupees One Crore only). The company ensured timely payment of both principal and applicable interest to NCD holders through RTGS on March 16, 2026.

Original Issuance and Timeline

The NCDs were originally allotted on December 11, 2019, on a private placement basis with a tenure of 7 years from the date of allotment. The debentures completed their lock-in period on December 10, 2023, and reached term maturity on December 10, 2026. The redemption was executed in accordance with the original terms of issuance.

Regulatory Compliance

QGO Finance Limited made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was communicated to BSE Limited, where the company is listed under scrip code 538646. Company Secretary, Compliance Officer & Chief Operating Officer Urmii Mohan Joiser signed the regulatory filing, ensuring proper corporate governance protocols were followed.

Financial Commitment Fulfilled

The successful redemption demonstrates QGO Finance Limited's ability to honor its debt obligations and maintain investor confidence. The company's adherence to the original timeline and terms of the NCD issuance reflects sound financial management and commitment to stakeholder interests. The completion of this redemption cycle positions the company favorably for future capital market activities.