Loan & Debt26 Jun 2026, 02:27 pm
QGO Finance Redeems ₹1 Cr NCDs
AI Summary
QGO Finance Ltd has completed the redemption of the remaining 100 Unlisted, Unsecured Redeemable Non-Convertible Debentures (NCDs), each with a face value of ₹1,00,000, totaling ₹1,00,00,000. This redemption, which occurred on June 26, 2026, marks the full repayment of the initial ₹2,00,00,000 NCD issuance from February 04, 2023. The NCDs had a tenure of 7 years. The company has paid the principal amount along with applicable interest to the NCD holders.
Key Highlights
- QGO Finance redeemed the balance 100 NCDs worth ₹1 Crore.
- The redemption concludes the full repayment of the initial ₹2 Crore NCD issuance.
- Principal and applicable interest have been paid to NCD holders.
- The NCDs were issued on February 04, 2023, for a 7-year tenure.
Price Impact
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