BSEQGO Finance LtdLowNeutral
Announced Tue, 16 Jun · 14:09 IST

QGO Finance redeems 100 NCDs worth Rs 1 crore

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Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹46.26
prior close
₹44.01
base price
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+0.0+0.0+0.0+1.1-5.8-5.0-4.3-2.7-4.7-7.0-7.0-6.1
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AI summary

QGO Finance has redeemed 100 unlisted unsecured redeemable non-convertible debentures of face value Rs 1,00,000 each, totalling Rs 1 crore, on June 16, 2026. These were part of 200 NCDs (Rs 2 crore total) allotted in February 2023 on a private placement basis with a 7-year tenure. After the lock-in period ended on January 30, 2025, the NCD holder requested redemption of 100 NCDs. Principal and interest were paid via RTGS on the redemption date.

Likely market impact

Reduces outstanding debt by Rs 1 crore, improving the company's debt profile. Remaining 100 NCDs (Rs 1 crore) still outstanding.