QGO Finance Ltd — Important, 05-12-2025: Company Update
05-12-2025 | 06:47 pm
05-12-2025 | 06:47 pm
QGO Finance has successfully allotted 400 secured, unlisted, and redeemable Non-Convertible Debentures (NCDs) through a private placement, constituting its Tranche-3 issuance. This capital raise amounts to Rs. 2 crore, providing fresh funds for the company. These NCDs come with an 84-month tenure, offering investors a 12% annual interest, paid monthly. Importantly, the debentures are secured by a first charge over the company's receivables, enhancing investor confidence. This strategic debt funding supports QGO Finance's operational objectives.
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