QGO Finance Ltd — Others, 04-08-2025: Corp Action
04-08-2025 | 02:01 pm
04-08-2025 | 02:01 pm
QGO Finance's board approved key items from its recent meeting. The company adopted the financial results for the latest quarter. Shareholders will receive a first interim dividend of Rs. 0.15 per equity share, with the record date set for August 13. To fund operations and growth, the company approved issuing unlisted Non-Convertible Debentures (NCDs): Secured NCDs totaling 1 Cr (36-month tenure) and 2 Cr (84-month tenure), both offering 12% interest. Additionally, unsecured NCDs worth 1.5 Cr (9-year tenure) at 12% interest were approved. Governance updates include changes to foundational documents and new auditor appointments. The 32nd Annual General Meeting is scheduled for September 12.
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