StockWatch
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Non Banking Financial Company (NBFC)
Loan & Debt16 Jul 2026, 06:00 pm

QGO Finance Redeems ₹1 Cr Unsecured NCDs

AI Summary

QGO Finance Ltd has successfully redeemed 100 Unsecured Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, totaling ₹1,00,00,000 (Rupees One Crore). The redemption, including principal and applicable interest, was paid on July 16, 2026. This action is in line with the terms of the NCDs issued on December 28, 2020, for a tenure of 7 years. The NCDs were originally allotted on a private placement basis. The redemption follows the completion of the lock-in period on December 27, 2024, after which the NCD holder requested redemption.

Key Highlights

  • Company redeemed ₹1 Cr in Unsecured Redeemable NCDs.
  • Redemption includes principal and applicable interest.
  • Payment made on July 16, 2026, as per NCD terms.
  • NCDs were issued for a 7-year tenure.
  • Redemption occurred post lock-in period completion.