QGO Finance Ltd — Important, 29-07-2026: Company Update
29-07-2026 | 04:44 pm
29-07-2026 | 04:44 pm
QGO Finance's Board has approved the allotment of 100 Unsecured, Unlisted, Redeemable Non-Convertible Debentures (NCDs) through a private placement, aggregating to Rs. 1 Crore. These NCDs are a tranche (XLV Allotment) within a larger Rs. 6 Crore issue. The debentures carry a 9-year tenure, offering a 12% annual interest rate, payable monthly. This capital raise provides QGO Finance with funds for business operations and growth without shareholder dilution. It signifies the company's approach to debt financing for its strategic initiatives.
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