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.

QGO Finance Ltd has successfully completed the allotment of 500 transferable unsecured non-convertible debentures (NCDs) worth Rs. 5,00,00,000 through private placement. The company's Board of Directors approved this allotment via circulation on March 13, 2026, as disclosed to BSE Ltd under Regulation 30 of SEBI Listing Regulations.

Debenture Allotment Details

The allotment comprises 500 NCDs with a face value of Rs. 1,00,000 each, totaling Rs. 5,00,00,000. These unsecured, unlisted, redeemable debentures were issued exclusively to eligible investors on a private placement basis.

Terms and Conditions

The debentures offer competitive terms with a 12% per annum interest rate payable monthly. The instruments have a 9-year tenure, with the allotment date set as March 13, 2026, and maturity scheduled for March 12, 2035.

Issue Structure and Status

This allotment forms part of a larger issue program with a total size of Rs. 19,75,00,000. The current tranche represents the 42nd allotment under this program, demonstrating the company's ongoing fundraising activities.

Regulatory Compliance

The allotment was executed in full compliance with SEBI regulations, with Company Secretary and Compliance Officer Urmi Joiser ensuring all regulatory requirements were met. The disclosure follows SEBI Master Circular guidelines and maintains transparency with stakeholders through proper documentation and reporting to BSE Ltd.