QGO Finance Limited, a Mumbai-based financial services company, has announced the allotment of Non-Convertible Debentures (NCDs) worth Rs 2 crore. This move, approved by the company's Board of Directors, marks a significant step in the company's financial strategy.

Key Details of the NCD Allotment

Tranche and Total Issue Size

The current allotment represents Tranche-XXXIX of QGO Finance's NCD issuance. While the total issue size is Rs 6 crore, the company has allotted Rs 2 crore in this tranche, with an additional Rs 2 crore worth of securities pending allotment.

Regulatory Compliance

QGO Finance has made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company's Board of Directors passed the resolution for this allotment by circulation on November 8, 2025.

Company Background

QGO Finance Limited, with its Corporate Identification Number (CIN) L65910MH1993PLC302405, is headquartered at 3rd Floor, A-514, TTC Industrial Area, MIDC, Mahape, Navi Mumbai.

This NCD allotment suggests that QGO Finance is actively managing its capital structure, potentially to fund its operations or expansion plans. The choice of unsecured NCDs and the private placement route may indicate the company's strategy to raise funds without diluting equity or pledging assets.

QGO Finance Limited , a Mumbai-based financial services company, has announced the allotment of non-convertible debentures (NCDs) worth Rs 2 crore. This move is part of the company's ongoing efforts to raise capital through private placement.

Key Details of the NCD Allotment

Additional Information

The company disclosed that this allotment represents the 39th tranche of a larger Rs 6 crore NCD issue. With this latest allotment, 400 securities are still pending allotment from the total issue size.

QGO Finance has opted for unlisted and redeemable NCDs, indicating that these securities will not be traded on stock exchanges and will be repaid to investors at the end of the 9-year tenure.

The decision to issue these NCDs was made through a resolution passed by circulation among the majority of the company's Board of Directors on October 24, 2025. This information was shared with the BSE Ltd. in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As these are unsecured NCDs, no specific assets of the company have been pledged as collateral for this debt instrument.

Investors and market participants should note that while this capital raising activity may impact the company's financial structure, the full implications will depend on how QGO Finance utilizes these funds and manages its debt obligations going forward.