Dear Sir/Madam, Pursuant to regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 we hereby inform you that the majority ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
QGO Finance Ltd has allotted 200 unsecured, unlisted, redeemable Non-Convertible Debentures (NCDs) of face value Rs. 1,00,000 each, aggregating to Rs. 2 Crore, via private placement to eligible investors. This is part of a larger issue size of Rs. 6 Crore (Tranche-XXXIX), with 200 more NCDs pending allotment under the same tranche. The NCDs carry a 12% per annum coupon payable monthly and have a 9-year tenure maturing on 07.11.2034. The NCDs are unsecured, not proposed to be listed on any stock exchange, and were approved by the Board via circulation resolution dated November 8, 2025.
This is a small debt raise of Rs. 2 Crore at a high 12% interest rate, reflecting the NBFC's borrowing cost. Since the NCDs are unsecured and unlisted, there is no direct impact on equity shareholders or stock liquidity, but the high coupon suggests the company is paying a premium for funds.