QGO Finance Ltd — Important, 06-07-2026: Company Update

QGO Finance has allotted 100 unsecured, unlisted, redeemable Non-Convertible Debentures (NCDs) via private placement. This allotment, totaling Rs 1 Cr, is part of a larger Rs 2 Cr issue. Each NCD is valued at Rs 1,00,000. These NCDs carry a 12% annual interest, payable monthly, and have a 9-year tenure. This move secures funding for the company's operations, reflecting its strategy to raise capital through debt instruments rather than equity dilution, which could be seen positively by existing shareholders.