QGO Finance Allots ₹1 Cr in Non-Convertible Debentures

QGO Finance Ltd announced the allotment of 100 Transferable Unsecured Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, totaling ₹1,00,00,000 (Rupees One Crore). The resolution for this allotment was passed by circulation on June 25, 2026. These NCDs are unsecured, unlisted, redeemable, carry a coupon rate of 12% per annum payable monthly, and have a tenure of 9 years, maturing on June 24, 2035. The issuance was made on a private placement basis and the securities are not proposed to be listed on any stock exchange. This move signifies a debt financing activity for the company.