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.

QGO Finance Limited has announced the successful redemption of 200 unlisted unsecured non-convertible debentures (NCDs) aggregating to Rs. 2,00,00,000 on March 13, 2026. The company informed BSE Limited about this corporate action through a regulatory filing under Regulation 30 of SEBI Listing Regulations.

Background of NCD Issuance

The redeemed NCDs were originally issued in two separate tranches. The first tranche of 100 NCDs was allotted on December 14, 2018, while the second tranche of 100 NCDs was issued on December 13, 2019. Each NCD carried a face value of Rs. 1,00,000, with both tranches aggregating to Rs. 1,00,00,000 each, totaling Rs. 2,00,00,000.

Terms and Tenure Details

The first tranche of NCDs allotted on December 14, 2018, was originally issued for a tenure of five years from the date of allotment. However, the company extended the tenure by an additional three years with the consent of the debenture holder. These NCDs completed their lock-in period on December 13, 2021.

The second tranche allotted on December 13, 2019, was issued for a tenure of seven years from the date of allotment. These NCDs completed their lock-in period on December 12, 2023. Following the completion of lock-in periods, the NCD holder requested redemption of all 200 NCDs.

Redemption Process

QGO Finance Limited executed the redemption in accordance with the original terms of issue. The company paid both the principal amount and applicable interest to the NCD holder through Real Time Gross Settlement (RTGS) on March 13, 2026. The redemption was completed as per the agreed terms and conditions.

Regulatory Compliance

The redemption was disclosed to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Urmi Mohan Joiser, Company Secretary, Compliance Officer & Chief Operating Officer, ensuring proper regulatory compliance and transparency in the redemption process.