The Board at its meeting held on August 4, 2025, has approved September 12, 2025 as the date for convening the 32nd Annual General Meeting
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QGO Finance Ltd's board met on August 4, 2025, and approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), with revenue rising sharply from about Rs. 177 lakh in Q1 FY25 to around Rs. 333 lakh in Q1 FY26. The board declared a first interim dividend of Rs. 0.15 (1.5%) per equity share for FY 2025-26, with a record date of August 13, 2025. It also approved raising funds via secured NCDs (Rs. 1 crore for 36 months and Rs. 2 crore for 84 months) and unsecured NCDs (Rs. 1.5 crore for 9 years), all carrying a 12% p.a. fixed coupon. New Secretarial and Internal Auditors were appointed for FY 2025-26, and the 32nd AGM was fixed for September 12, 2025. The total loan book stood at approximately Rs. 100.9 crore as of June 30, 2025.
The strong topline growth and maiden interim dividend are positive signals for shareholders, while the new NCD borrowings will lift interest costs and debt levels, though they are backed by receivables at a fixed rate.