QGO Finance Completes Rs 2 Crore NCD Redemption

QGO Finance Limited (CIN: L65910MH1993PLC302405), has redeemed 200 Unlisted Unsecured Redeemable Non-Convertible Debentures (NCDs) aggregating Rs. 2,00,00,000 on March 09, 2026. This action follows earlier allotments of 100 NCDs each on May 20, 2019, and December 12, 2019, both with Rs. 1,00,000 face value and 7-year tenures via private placement.

The redemption occurred after lock-in periods ended on May 19, 2023, and December 11, 2023, upon the NCD holder's request. Principal and applicable interest were paid through RTGS on the same date, fulfilling all terms of the issue.

Shares of QGO Finance Ltd was last trading in BSE at Rs. 41.87 as compared to the previous close of Rs. 42.39. The total number of shares traded during the day was 2620 in over 16 trades.

The stock hit an intraday high of Rs. 42.39 and intraday low of 40.10. The net turnover during the day was Rs. 109915.00.

Source : Equity Bulls

Keywords

QGOFinance INE837C01013 NBFC Redemption NCDs