QGO Finance Limited, a non-banking financial company, has successfully completed the redemption of all 200 Unlisted Unsecured Redeemable Non-Convertible Debentures (NCDs) worth Rs. 2 crore. This marks the final chapter in the NCD issuance that began in December 2021.

Redemption Details

The company redeemed the NCDs in two tranches:

1. First Tranche: On September 16, 2025, QGO Finance redeemed 100 NCDs with a face value of Rs. 1,00,000 each, totaling Rs. 1 crore.
2. Second Tranche: On September 17, 2025, the company redeemed the remaining 100 NCDs, also totaling Rs. 1 crore.

Key Points of the NCD Redemption

• Total Value: The total value of the redeemed NCDs was Rs. 2 crore.
• Face Value: Each NCD had a face value of Rs. 1,00,000.
• Tenure: The NCDs were issued for a 6-year tenure.
• Lock-in Period: The lock-in period ended on December 28, 2024.
• Payment Method: The principal amount, along with applicable interest, was paid to NCD holders through RTGS.

Company Statement

Urmi Mohan Joiser, Company Secretary, Compliance Officer & Chief Operating Officer of QGO Finance Limited, confirmed the redemption in a statement to the BSE. The company emphasized that this action completes the redemption process for all 200 NCDs originally issued in December 2021 on a private placement basis.

Impact on Shareholding

Concurrent with the NCD redemption, there was a notable change in the company's shareholding structure:

• Rachana Singi, a significant shareholder, sold 1,00,000 shares (1.44% of the total share capital) in an off-market transaction on September 16, 2025.
• Seema Pathak acquired these 1,00,000 shares, increasing her stake in the company.

Shareholding Changes

This transaction has resulted in a slight redistribution of ownership within QGO Finance Limited, with Rachana Singi's stake decreasing and Seema Pathak's stake increasing.

The successful redemption of the NCDs and the accompanying share transaction mark significant financial events for QGO Finance Limited, demonstrating the company's commitment to meeting its debt obligations and the ongoing interest in its equity.

QGO Finance Limited witnessed a significant change in its shareholding pattern as Rachana Singi, a substantial shareholder, reduced her stake in the company through an off-market transaction.

Transaction Details

Rachana Singi sold 1,00,000 equity shares of QGO Finance Limited to Seema Pathak through an off-market deal. This transaction resulted in a notable decrease in Singi's shareholding in the company:

Impact on Acquirer's Stake

Seema Pathak, the acquirer in this transaction, increased her stake in QGO Finance Limited. The acquisition of 1,00,000 shares represents 1.44% of the total share capital.

Disclosure and Regulatory Compliance

This transaction falls under the purview of the Securities and Exchange Board of India (SEBI) regulations, specifically those related to substantial acquisitions of shares and takeovers.

Company Overview

QGO Finance Limited's total equity share capital consists of 69,52,800 shares, each with a face value of Rs. 10. The company's shares are listed on BSE Limited.

Investor Status

Seema Pathak, the acquirer, does not belong to the promoter or promoter group of QGO Finance Limited. Her acquisition represents an increase in her individual stake in the company.

Market Implications

This off-market transaction represents a substantial decrease in Singi's holdings and an increase in Pathak's stake. Such deals can sometimes signal shifts in investor positioning or confidence. However, investors are advised to conduct their own research and due diligence when making investment decisions.