The Company has redeemed total 550 unlisted unsecured redeemable non-convertible debentures(NCDs) of face value Rs. 1,00,000/- each, aggregating to Rs. 5,50,00,000/-(Rupees Five Crore Fifty ....
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QGO Finance Ltd has fully redeemed 550 unlisted unsecured non-convertible debentures (NCDs) totaling Rs. 5.50 crore on March 18, 2026. The redemption covers three tranches: 250 NCDs (Rs. 2.5 crore) originally allotted in November 2018, 100 NCDs (Rs. 1 crore) allotted in December 2018, and 200 NCDs (Rs. 2 crore) allotted in December 2019. Each NCD had a face value of Rs. 1,00,000. The 2018 tranches had their tenures extended by 3 years in March 2023 with debenture holder consent. Principal and accrued interest were paid to NCD holders via RTGS on the same date.
The company is retiring its outstanding NCD liabilities slightly ahead of extended maturity, which reduces its future interest obligations and debt burden. For shareholders, this is a routine liability management event with no equity dilution, though it does use up Rs. 5.5 crore of cash for debt repayment.