ALPHA TRIBE

QGO Finance LtdImportant, 20-08-2025: Company Update

20-08-2025 | 07:53 pm

QGO Finance's Board has approved the allotment of secured, unlisted Non-Convertible Debentures via private placement. This includes two tranches: the first comprises 172 NCDs totaling 0.86 Cr with a 36-month tenure, and the second consists of 154 NCDs amounting to 0.77 Cr with an 84-month tenure. Both tranches offer 12% interest annually, paid monthly, and are secured by the company's receivables. This debt issuance strengthens QGO Finance's financial position and supports its operational funding needs, an important update for investors tracking the company's capital strategy.

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