QGO Finance Limited has announced the redemption of 100 Unlisted, Unsecured, Redeemable Non-Convertible Debentures (NCDs). The redemption, which took place on October 31, 2026, involved a principal amount of ₹1,00,00,000 (Rupees One Crore). The payment includes the principal amount and applicable interest, duly paid to the NCD holder via RTGS.
QGO Finance Redeems 100 NCDs
QGO Finance Limited has completed the redemption of 100 Unlisted, Unsecured, Redeemable Non-Convertible Debentures (NCDs). The NCDs, each with a face value of ₹1,00,000, were redeemed on October 31, 2026. This action follows the completion of a revised lock-in period, which had its expiry date extended to October 30, 2026.
Financial Details of Redemption
The total principal amount redeemed amounts to ₹1,00,00,000 (Rupees One Crore). This amount, along with the applicable interest, was paid to the NCD holder through Real-Time Gross Settlement (RTGS) at 10:25 A.M. on the redemption date. This redemption event is a follow-up to an earlier disclosure on October 24, 2025, concerning the allotment of 200 NCDs.
NCDs Background
The NCDs were originally issued with a tenure of 9 years from the allotment date. The initial lock-in period was scheduled to end on October 23, 2028. However, the lock-in period for 100 of these NCDs was revised and subsequently communicated to the BSE Limited. The redemption on October 31, 2026, marks the fulfillment of the company’s obligation for these specific NCDs.
Redemption Summary
The key details of the redemption are as follows:
- Type of Security: Unlisted, Unsecured, Redeemable Non-Convertible Debentures
- Number of NCDs Redeemed: 100
- Date of Payment: October 31, 2026
- Purpose: Redemption and payment of interest on NCDs
Source: BSE
