QGO Finance redeems ₹1.25 crore of NCDs on November 02, 2026

QGO Finance Limited has announced the redemption of 125 Unlisted, Unsecured, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000/- each. The total redemption amount is ₹1,25,00,000/- (Rupees One Crore Twenty-Five Lakhs only), which includes principal and applicable interest. The redemption took place on November 02, 2026, as per the terms of the issue and following the completion of the lock-in period.

QGO Finance Completes NCD Redemption

QGO Finance Limited has formally communicated the redemption of its Non-Convertible Debentures (NCDs). The company has successfully redeemed 125 Unlisted, Unsecured, Redeemable Non-Convertible Debentures, each carrying a face value of ₹1,00,000/-. This transaction amounts to a total redemption of ₹1,25,00,000/- (Rupees One Crore Twenty-Five Lakhs only).

Redemption Details

The redemption, which covered both the principal amount and the applicable interest, was executed on November 02, 2026, at 05:10 P.M. These NCDs were originally allotted on November 26, 2018, for a tenure of five years. Following an extension of the tenure by an additional three years, as disclosed earlier, the NCD holder requested redemption in accordance with the issue’s terms and the completion of the lock-in period on November 25, 2021.

Transaction Summary

The following table summarizes the key details of the redemption:

Type of Security No. of NCDs Redeemed Date of Payment of Principal and Interest Purpose
Unlisted, Unsecured, Redeemable Non-Convertible Debentures 125 November 02, 2026 Redemption and payment of interest on NCDs

Source: BSE

Previous Article

Mazagon Dock scouts partners for proposed shipbuilding hubs

Next Article

Thomas Cook (India) approves Q2 and H1 2026 unaudited financial results