The Board of Directors of QGO Finance Limited has declared a dividend of Rs. 0.15 (1.5%) at its meeting held on August 4, 2025. The record date for the same is August 13, 2025.
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QGO Finance Ltd's board, at its meeting on August 4, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) and declared a first interim dividend of Rs. 0.15 per share (1.5% on the Rs. 10 face value) for FY26, with a record date of August 13, 2025. The board also approved raising funds via secured NCDs worth Rs. 3 crore in two series (Rs. 1 crore for 36 months and Rs. 2 crore for 84 months) and unsecured NCDs worth Rs. 1.5 crore for 9 years, all carrying 12% per annum interest on a private placement basis. Additionally, the board approved amended MOA and AOA, appointed new secretarial and internal auditors for FY26, and scheduled the 32nd AGM for September 12, 2025.
Shareholders on record as of August 13, 2025 will receive the Rs. 0.15 per share dividend within 30 days. The Rs. 4.5 crore NCD issuance at 12% interest expands the company's borrowing base to fund lending operations but will add to interest expenses going forward.