QFQGO Finance538646Dividend news update

Board approves Q2 results, second interim dividend of Rs. 0.15 per share and unsecured NCD issuance

Board approved Q2/H1 FY27 unaudited results with limited review report, a second interim dividend of Rs. 0.15 (1.5%) per share with record date Nov 6, and unsecured, unlisted redeemable NCDs via private placement.

By ScoutQuest · Mon 26 Oct 2026, 9:31 PM IST · 3 min read

Second Interim Dividend

Rs. 0.15 (1.5%) per share

Dividend Record Date

November 06, 2026

Face Value

Rs. 10/- each

Board meeting of October 26, 2026 — what the board approved

• Un-audited financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Report from the statutory auditors.
• A second interim dividend for financial year 2026-27.
• A proposal to raise funds through unsecured, unlisted, redeemable non-convertible debentures on a private placement basis.
• A change of Company Secretary and Compliance Officer.

Second interim dividend

• Amount: Rs. 0.15 per equity share, equal to 1.5% of the face value.
• Face value of the shares: Rs. 10/- each.
• Record date: Friday, November 06, 2026. Only shareholders whose names appear on the register of members, or in depository records as beneficial owners, on that date qualify.
• Payment: within 30 days from the date of declaration, subject to deduction of tax at source (TDS).
• This is the second interim dividend declared for the year — the board has paid out two interim dividends rather than waiting for a single year-end payout.

Fund raising through NCDs

• The board approved raising funds by issuing Unsecured, Unlisted, Redeemable Non-Convertible Debentures on a private placement basis.
• These are debt instruments issued to a selected set of investors. The company borrows money and repays it on maturity.
• They are non-convertible, meaning they do not get converted into equity shares, so existing shareholders' holding is not diluted by this issue.
• They are unsecured, meaning the debentures are not backed by a charge on specific assets of the company.
• They are unlisted, so retail investors cannot buy or sell them on an exchange.

Leadership change

• Ms. Urmi Joiser has resigned as Company Secretary and Compliance Officer with effect from close of business hours on October 26, 2026.
• She will continue to serve the company as Chief Operating Officer (COO) and Key Managerial Personnel, so she remains part of senior management.
• Mrs. Sarita Singh has been appointed Company Secretary and Compliance Officer effective October 27, 2026.
• The board also authorised four Key Managerial Personnel — Ms. Urmi Joiser (COO), Mrs. Sarita Singh (CS and Compliance Officer), Mrs. Rachana Singi (Managing Director) and Mr. Alok Pathak (Chief Financial Officer) — to decide whether an event is material and to make the related disclosures to BSE Limited.

What it means for retail investors

• A dividend is cash paid out of profits directly to shareholders. Here the payout is small per share — Rs. 0.15 on a Rs. 10/- face value share — but the fact that a second interim dividend has been declared shows the board chose to distribute cash during the year rather than only at the end.
• You must hold the shares on the record date of November 06, 2026 to receive this dividend; buying after that date will not qualify for this payout.
• The results approved are unaudited and have been reviewed by the statutory auditors, which is the normal interim reporting standard for listed companies.
• The NCD issuance is a borrowing decision. It increases the company's debt, but because the debentures are non-convertible, it does not change the number of equity shares or existing shareholders' stake.
• For a finance company, the ability to raise debt on a private placement basis is part of routine funding activity; the terms of the issue would determine the actual cost of borrowing.
• The Company Secretary change is a compliance and governance matter. The outgoing officer staying on as COO, and a replacement joining the next day, points to a transition rather than a vacant position.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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