QGO Finance Ltd has announced the allotment of 260 transferable secured non-convertible debentures (NCDs) under Tranche-4, aggregating Rs. 1,30,00,000 under private placement. The Board of Directors approved this allotment through a resolution by circulation on March 26, 2026, in compliance with Regulation 30 of SEBI Listing Regulations.

Debenture Specifications

The latest NCD allotment carries enhanced security features compared to previous unsecured offerings. Each debenture has a face value of Rs. 50,000 and offers a coupon rate of 12% per annum, with interest payable monthly. The instruments have a tenure of 84 months, with the allotment date being March 26, 2026, and maturity scheduled for March 25, 2033.

Security and Issue Structure

Unlike previous unsecured debenture offerings, this Tranche-4 issuance features secured NCDs backed by company receivables. The NCDs will be secured by way of a first ranking pari-passu charge over the receivables of the company, maintained at 100% of the outstanding NCDs including interest. The total issue size for this tranche amounts to Rs. 2,00,00,000.

Key Features

The NCDs are secured, unlisted, and redeemable instruments issued to eligible investors on a private placement basis. The enhanced security structure through receivables charge provides additional protection to investors compared to unsecured debentures. The instruments will not be listed on any stock exchange, making them suitable for investors seeking unlisted secured debt securities.

Regulatory Compliance

The allotment has been conducted in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Urmi Joiser has ensured full regulatory compliance, with comprehensive details provided as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

QGO Finance Limited has announced the redemption of 100 unlisted unsecured non-convertible debentures (NCDs) aggregating Rs. 1 crore on March 24, 2026. This follows the company's earlier redemption of 550 NCDs worth Rs. 5.5 crore on March 18, 2026, demonstrating continued fulfillment of its debt obligations to investors.

Latest NCD Redemption Details

The recently redeemed NCDs were originally allotted on December 15, 2018, with each debenture carrying a face value of Rs. 1 lakh. These securities were issued on a private placement basis for an initial tenure of five years from the date of allotment.

Tenure Extension and Lock-in Period

The NCDs were initially issued for a five-year tenure from the date of allotment. However, as disclosed on March 14, 2023, QGO Finance Limited extended the tenure by an additional three years in accordance with the terms of issuance and with consent from the debenture holder. The lock-in period for these NCDs concluded on December 14, 2021.

Payment Settlement

The company has completed payment of both principal amount and applicable interest to the NCD holder through Real Time Gross Settlement (RTGS) on March 24, 2026. This redemption was executed in accordance with the original terms of issuance.

Regulatory Compliance

The redemption announcement was made by Company Secretary, Compliance Officer, and Chief Operating Officer Urmi Mohan Joiser under Regulation 30 of SEBI Listing Regulations. The disclosure references the earlier communication dated December 15, 2018, regarding the original allotment of these NCDs, maintaining transparency with stakeholders throughout the debenture lifecycle.

This latest redemption, combined with the previous redemption of 550 NCDs worth Rs. 5.5 crore, reinforces QGO Finance Limited's commitment to honoring its financial obligations to investors within the stipulated timeframes.