QGO Finance Limited has announced the outcome of its Board Meeting held on August 10, 2026. The Board approved the un-audited financial results for the quarter ended June 30, 2026. Key decisions also included the declaration of a first interim dividend of ₹0.15 per equity share and the approval for the issuance of Unsecured, Unlisted, Redeemable Non-Convertible Debentures (NCDs) to raise funds.
QGO Finance Board Meeting Highlights
QGO Finance Limited convened its Board of Directors meeting on Monday, August 10, 2026. The Board considered and approved several significant business items for the period ending June 30, 2026.
Financial Results and Dividend
The Board approved the un-audited financial results for the quarter ended June 30, 2026. Alongside the financial disclosures, the Board also declared a first interim dividend of ₹0.15 per equity share (1.5%) on the face value of ₹10 each. The dividend is subject to TDS deduction, and the record date for determining eligible shareholders has been fixed as Friday, August 21, 2026. The dividend is expected to be paid within 30 days of its declaration.
Fundraising Through NCD Issuance
In a move to raise capital, the Board approved a proposal for the issuance of Unsecured, Unlisted, Redeemable Non-Convertible Debentures (NCDs). This issuance will be conducted on a private placement basis. The total number of NCDs to be issued is 700, each with a face value of ₹1,00,000, aggregating to ₹7,00,00,000 (Rupees Seven Crores Only). These NCDs will have a tenure of 9 years and carry an interest of 12% p.a. on a monthly basis.
Annual General Meeting Scheduled
The Board also approved the notice for convening the 33rd Annual General Meeting (AGM) of the Company. The AGM is scheduled to be held on Friday, September 11, 2026, at 12:15 P.M. via Video Conferencing / other Audio-Visual Means. The cut-off date for determining the members eligible to receive the AGM notice is Friday, August 14, 2026.
Source: BSE
