BSEQGO Finance LtdHighPositive
Announced Mon, 4 Aug · 14:13 IST

The Board of Directors at its meeting held on August 4, 2025 , approved the declaration of 1st interim dividend at Rs. 0.15 (1.5%). The record date for the same is August 13, 2025.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

QGO Finance Ltd's Board, at its August 4, 2025 meeting, declared a 1st interim dividend of Rs. 0.15 (1.5%) per equity share on the face value of Rs. 10 for FY26, with the record date fixed as August 13, 2025. The Board also approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), with total loan book reported at around Rs. 1,009.54 crore. Additionally, the Board cleared plans to raise funds through 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. coupon on a private placement basis. The 32nd AGM is scheduled for September 12, 2025, and new Secretarial and Internal Auditors have been appointed.

Likely market impact

The dividend is small (1.5% on face value) and unlikely to materially impact the stock price, though it signals continued profitability. The NCD issuances at 12% indicate the company is actively raising debt to grow its lending book, which is typical for an NBFC but adds to interest obligations.