ALPHA TRIBE

QGO Finance LtdImportant, 24-10-2025: Company Update

24-10-2025 | 05:32 pm

QGO Finance Limited's Board of Directors has approved the allotment of 200 unsecured, unlisted, redeemable Non-Convertible Debentures (NCDs) on a private placement basis. Each NCD is valued at Rs. 1,00,000, bringing the total allotment to Rs. 2 Crore. These debentures carry an interest rate of 12% per annum, payable monthly, and have a tenure of 9 years. This move provides the company with Rs. 2 Crore in funding, reinforcing its financial position for business operations.

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