QGO Finance Limited has announced the redemption of 100 unlisted unsecured non-convertible debentures (NCDs) aggregating Rs. 1 crore on March 24, 2026. This follows the company's earlier redemption of 550 NCDs worth Rs. 5.5 crore on March 18, 2026, demonstrating continued fulfillment of its debt obligations to investors.

Latest NCD Redemption Details

The recently redeemed NCDs were originally allotted on December 15, 2018, with each debenture carrying a face value of Rs. 1 lakh. These securities were issued on a private placement basis for an initial tenure of five years from the date of allotment.

Tenure Extension and Lock-in Period

The NCDs were initially issued for a five-year tenure from the date of allotment. However, as disclosed on March 14, 2023, QGO Finance Limited extended the tenure by an additional three years in accordance with the terms of issuance and with consent from the debenture holder. The lock-in period for these NCDs concluded on December 14, 2021.

Payment Settlement

The company has completed payment of both principal amount and applicable interest to the NCD holder through Real Time Gross Settlement (RTGS) on March 24, 2026. This redemption was executed in accordance with the original terms of issuance.

Regulatory Compliance

The redemption announcement was made by Company Secretary, Compliance Officer, and Chief Operating Officer Urmi Mohan Joiser under Regulation 30 of SEBI Listing Regulations. The disclosure references the earlier communication dated December 15, 2018, regarding the original allotment of these NCDs, maintaining transparency with stakeholders throughout the debenture lifecycle.

This latest redemption, combined with the previous redemption of 550 NCDs worth Rs. 5.5 crore, reinforces QGO Finance Limited's commitment to honoring its financial obligations to investors within the stipulated timeframes.

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.