Loan & Debt29 Oct 2026, 09:10 pm
QGO Finance Redeems ₹1 Crore NCDs
AI Summary
QGO Finance Ltd has redeemed 100 Unlisted Unsecured, Redeemable Non-Convertible Debentures (NCDs) with a face value of Rs. 1,00,000 each, totaling Rs. 1,00,00,000 (Rupees One Crore). This redemption, which occurred on October 29, 2026, follows the original allotment on December 11, 2018, for a five-year tenure. The tenure was subsequently extended by three years to March 14, 2023. The principal amount along with applicable interest has been paid to the debenture holder.
Key Highlights
- Company redeemed NCDs worth ₹1 Crore.
- Redemption completed on October 29, 2026.
- NCDs were originally allotted in December 2018.
- Tenure was extended by three years.
- Principal and interest duly paid.
Price Impact
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