This is reference to our earlier disclosure dated May 18, 2019 with respect to the allotment of 100 Unlisted Unsecured Redeemable Non-Convertible Debentures (NCDs) having face value of ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
QGO Finance Ltd has redeemed 100 Unlisted Unsecured Redeemable Non-Convertible Debentures (NCDs) of face value Rs. 1,00,000 each, totalling Rs. 1 crore. These NCDs were originally allotted on May 18, 2019, on a private placement basis with a 7-year tenure. After the lock-in period ended on May 16, 2023, the NCD holder requested redemption, and the company paid the full principal along with applicable interest via RTGS on March 04, 2026. This is a routine debt servicing action by the company.
The redemption reduces QGO Finance's outstanding debt by Rs. 1 crore, slightly strengthening its balance sheet. This is a scheduled, routine obligation being met on time, which is a neutral-to-slightly-positive signal for the company's financial discipline.