Board meeting on 30 October 2026 to consider NCD lock-in date revision and fresh NCD issue
QGO Finance has called a Board meeting on Friday, 30 October 2026.
By ScoutQuest · · 2 min read
- Board meeting date
- Friday, 30 October 2026
- Existing NCDs - first lot
- 100 (One Hundred) existing Unsecured, Unlisted, Redeemable Non-Convertible Debentures allotted on 24 October 2025
- Existing NCDs - second lot
- 200 (Two Hundred) such debentures allotted on 08 November 2025
What has been announced
QGO Finance has informed BSE that a meeting of its Board of Directors will be held on Friday, 30 October 2026. The notice says the Board will consider, examine and approve two items. No decision has been taken yet — this is an intimation that the meeting has been called.
Item 1: Revision in the lock-in date
- The first lot is 100 (One Hundred) existing Unsecured, Unlisted, Redeemable Non-Convertible Debentures allotted on 24 October 2025.
- The second lot is 200 (Two Hundred) such debentures allotted on 08 November 2025.
- The Board will consider revising the lock-in date on these debentures. A lock-in date is the date until which the holder is restricted from transferring the instrument. Changing it shifts that restriction, and the direction of the change — earlier or later — is what the Board will decide.
Item 2: Fresh fund raising
- The Board will consider a proposal to raise funds by issuing Unsecured Non-Convertible Debentures on a private placement basis.
- Private placement means the debentures are offered to a select set of investors rather than to the public at large.
A quick glossary for new investors
- A debenture is a debt instrument: the company borrows money and agrees to repay it, usually with interest.
- Non-convertible means the debenture does not turn into equity shares; it stays a loan.
- Unsecured means it is not backed by a charge on specific assets of the company.
- Unlisted means the instrument is not traded on a stock exchange.
- Redeemable means it is repaid on maturity.
Why these two items sit together
Both items relate to the company's borrowing through debentures. One deals with the terms on debentures already issued; the other with a possible fresh issue of the same broad type of instrument. Together they point to the Board reviewing its debenture borrowing.
What to watch
- The outcome of the 30 October 2026 meeting: whether the lock-in date revision is approved, and what the revised date is.
- Whether the Board approves the proposed private placement of unsecured non-convertible debentures, and the terms that follow in later disclosures.
- Any further updates that set out the details of the fund raise once approved.
Caution: the notice states what the Board will consider. The actual decisions, and their terms, will be known only from the outcome disclosed after the meeting.
Also from QGO Finance
Board approves Q2 results, second interim dividend of Rs. 0.15 per share and unsecured NCD issuance
26 Oct 2026
Intimates non-applicability of related party transaction disclosure under Regulation 23(9)
26 Oct 2026
New Company Secretary and Compliance Officer from October 27, 2026; second interim dividend declared
26 Oct 2026
More numbers
- Existing NCDs allotted on 24 October 2025 whose lock-in date is to be revised100 (One Hundred)
- Existing NCDs allotted on 08 November 2025 whose lock-in date is to be revised200 (Two Hundred)
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