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.

QGO Finance Limited , a Mumbai-based financial services company, has announced a significant move in its capital raising strategy. The company's Board of Directors has approved the issuance of Non-Convertible Debentures (NCDs) worth Rs 6 crores through private placement.

Key Details of the NCD Issuance

The company plans to issue these NCDs in one or more tranches, providing flexibility in their capital raising process. The decision was made during a board meeting held on October 18, 2025, which lasted from 10:00 A.M. to 10:15 A.M.

Purpose and Implications

While the specific use of funds has not been disclosed, the issuance of NCDs is often undertaken by companies to raise capital for various purposes such as expansion, debt refinancing, or working capital requirements. The choice of unlisted NCDs suggests that QGO Finance is targeting a select group of investors rather than seeking funds from the public markets.

Investor Considerations

Potential investors should note that these NCDs are unsecured, meaning they are not backed by any specific assets of the company. However, the high interest rate of 12.00% per annum, payable monthly, may be attractive to investors seeking regular income streams.

Regulatory Compliance

QGO Finance Limited has made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company has also provided detailed information as per the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

This move by QGO Finance Limited represents a significant corporate action, potentially impacting the company's financial structure and future growth prospects.