BSEQGO Finance LtdLowNeutral
Announced Fri, 26 Jun · 14:26 IST

QGO Finance redeems balance 100 NCDs worth Rs 1 crore ahead of full maturity

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Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹43.00
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AI summary

QGO Finance has redeemed the remaining 100 out of 200 unlisted unsecured NCDs originally allotted on February 4, 2023. Each NCD had a face value of Rs 1 lakh, making the total redemption Rs 1 crore. The original tenor was 7 years with a lock-in period that ended January 30, 2025. The company paid principal along with applicable interest to NCD holders via RTGS on June 26, 2026, completing full repayment of this NCD series.

Likely market impact

Positive. Timely debt repayment reduces future interest outflow and improves the company debt profile and financial flexibility.