QGO Finance Ltd — Important, 16-02-2026: Company Update
16-02-2026 | 05:49 pm
16-02-2026 | 05:49 pm
QGO Finance Limited has allotted 500 unsecured, unlisted, redeemable Non-Convertible Debentures (NCDs) via a private placement. Each NCD is valued at Rs. 1,00,000, totaling Rs. 5 Crore. These NCDs carry an annual interest rate of 12%, payable monthly, and have a 9-year tenure. This allotment is part of a larger Rs. 10 Crore issue size, with the remaining portion pending. This financing initiative strengthens the company's capital structure and supports operational growth by securing funds at a fixed interest cost.
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