Dear Sir/Madam, This is in reference to our earlier disclosure dated December 29, 2021, regarding the allotment of 200 Unlisted Unsecured Redeembale Non- Convertible Debentures("NCDs") ....
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QGO Finance Ltd has completed the redemption of the remaining 100 NCDs out of 200 originally allotted on December 29, 2021. Each NCD had a face value of Rs. 1,00,000, meaning this final tranche is worth Rs. 1 Crore. The company had already redeemed 100 NCDs on September 16, 2025, and now redeemed the balance 100 on September 17, 2025. Principal and applicable interest were paid to NCD holders via RTGS on the same date, in line with the 6-year tenure and lock-in terms of the issue.
This is a routine scheduled redemption of debentures at the end of their tenure, reducing the company's outstanding debt obligation by Rs. 1 Crore. It is a neutral-to-slightly-positive event for shareholders, showing the company is meeting its debt commitments on time without any signs of stress.