QGO Finance Limited Approves Rs 4 Crore Non-Convertible Debentures Issuance
QGO Finance Limited's Board of Directors approved the issuance of 400 Unsecured, Unlisted, Redeemable Non-Convertible Debentures worth Rs 4,00,00,000 on April 25, 2026. The NCDs will be offered on a private placement basis to eligible investors, carrying a fixed interest rate of 12% per annum payable monthly with a 9-year tenure. The debentures will not be listed on any stock exchange and will be issued in one or more tranches as determined by the company.
*this image is generated using AI for illustrative purposes only.
QGO Finance Limited has announced the approval of a significant fundraising initiative through the issuance of Non-Convertible Debentures (NCDs). The company's Board of Directors convened on April 25, 2026, from 10:30 A.M. to 10:48 A.M., to deliberate and approve this financial instrument offering.
Board Meeting Outcomes
The board meeting resulted in the approval of Unsecured, Unlisted, Redeemable Non-Convertible Debentures on a private placement basis. The decision was communicated to BSE Limited in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
NCD Issuance Details
The comprehensive details of the proposed NCD issuance demonstrate the company's structured approach to fundraising:
| Parameter | Details |
|---|---|
| Security Type | Unsecured, Unlisted, Redeemable Non-Convertible Debentures |
| Issuance Method | Private Placement to eligible investors |
| Total NCDs | 400 units |
| Face Value per NCD | Rs 1,00,000 |
| Total Issue Size | Rs 4,00,00,000 (Rupees Four Crores Only) |
| Tranches | One or more tranches |
| Listing Status | Not to be listed |
Financial Terms and Structure
The NCDs offer attractive terms for potential investors with clearly defined financial parameters:
| Financial Aspect | Specification |
|---|---|
| Interest Rate | 12% per annum (Fixed Rate) |
| Payment Schedule | Monthly basis |
| Tenure | 9 years |
| Security | Unsecured |
| Redemption | At the end of 9 years |
Regulatory Compliance
The disclosure was made pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The announcement was signed by Urmii Mohan Joiser, Company Secretary & Compliance Officer, with Membership No. A63113, ensuring proper regulatory adherence.
Corporate Information
QGO Finance Limited operates from its registered office at 3rd Floor, A-514, TTC Industrial Area, MIDC, Mahape, Navi Mumbai – 400701. The company, incorporated in 1993 with CIN L65910MH1993PLC302405, continues its mission of "Empowering to Build" through various financial services and instruments.
Historical Stock Returns for QGO Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.08% | +0.22% | +9.10% | -9.42% | -29.98% | +121.97% |
How will QGO Finance utilize the Rs 4 crore raised through NCDs to expand its financial services operations?
What impact might the 12% annual interest rate have on QGO Finance's profitability and debt servicing capacity over the 9-year tenure?
Will QGO Finance consider listing these NCDs on exchanges in the future to improve liquidity for investors?
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