ALPHA TRIBE

QGO Finance LtdImportant, 14-07-2026: Company Update

14-07-2026 | 05:54 pm

QGO Finance Limited's Board has allotted 100 unsecured, unlisted, redeemable Non-Convertible Debentures (NCDs) through a private placement, securing Rs. 1 Crore in funding. Each NCD is priced at Rs. 1 Lakh. These debentures, part of a larger Rs. 6 Crore issue, feature a 9-year tenure and offer a 12% annual interest rate, paid monthly. This move provides the company with fresh debt capital, enhancing its financial resources for business operations.

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