StockWatch
·
Non Banking Financial Company (NBFC)
Loan & Debt31 Oct 2026, 01:31 pm

QGO Finance Redeems ₹1 Crore Unlisted 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 follows the completion of a revised lock-in period for these NCDs, which was originally part of a larger issuance of Rs. 2,00,00,000/-. The principal amount along with applicable interest has been paid to the NCD holder via RTGS on October 31, 2026. This action is a fulfillment of the company's debt obligations.

Key Highlights

  • Company redeemed ₹1 Crore of Unlisted, Unsecured NCDs.
  • Redemption occurred after revised lock-in period completion.
  • Principal and interest fully paid via RTGS.
  • Fulfillment of debt obligation.