QGO Finance Debt & Borrowing: ₹2 Cr
QGO Finance Ltd allotted 200 unsecured NCDs aggregating ₹2.00 Crore. The nine-year instruments carry a 12% annual interest rate payable monthly.
- Value
- ₹2.00 Cr
- Execution
- 9 years
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QGO Finance Ltd allotted 200 unsecured NCDs aggregating ₹2.00 Crore. The nine-year instruments carry a 12% annual interest rate payable monthly.
QGO Finance Ltd approved the issuance of 400 Unsecured, Unlisted, Redeemable Non-Convertible Debentures (NCDs) aggregating to ₹4.00 Crore. The NCDs carry a fixed interest rate of 12% p.a. payable monthly with a tenure of 9 years. The issuance will be conducted on a private placement basis.
QGO Finance Limited confirmed it does not fall under the 'Large Corporate' category as of March 31, 2026, per SEBI criteria. The company reported outstanding borrowings of ₹103.44 Crore. This disclosure is a routine regulatory compliance requirement regarding debt fundraising frameworks.
QGO Finance Ltd has scheduled a board meeting for April 25, 2026, to consider a proposal for raising funds. The capital will be raised through the issuance of Unsecured Non-Convertible Debentures on a private placement basis.