Loan & Debt6 Jul 2026, 10:40 pm
QGO Finance Allots ₹1 Cr Unsecured NCDs
AI Summary
QGO Finance Ltd has 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. The resolution for this allotment was passed by circulation on July 06, 2026. These NCDs are unsecured, unlisted, and redeemable with a tenure of 9 years, carrying an annual interest rate of 12% payable monthly. The maturity date is set for July 05, 2035. The issuance was made on a private placement basis to eligible investors and is not proposed to be listed on any stock exchange.
Key Highlights
- QGO Finance allotted 100 unsecured NCDs worth ₹1 Crore.
- NCDs have a 9-year tenure with 12% annual interest.
- Allotment was made via private placement.
- The NCDs will not be listed on any stock exchange.
Price Impact
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