QFQGO Finance538646NCD issuance

Board passes resolution for allotment of 100 unsecured NCDs aggregating Rs. 1 crore

QGO Finance Ltd has allotted 100 Transferable, Unsecured, Unlisted, Redeemable Non-Convertible Debentures (NCDs) of Rs. 1,00,000/- each, aggregating to Rs. 1 crore (Rupees One Crore Only).

By ScoutQuest · Fri 30 Oct 2026, 6:57 AM IST · 2 min read

NCDs allotted

100 Transferable, Unsecured, Unlisted, Redeemable Non-Convertible Debentures of Rs. 1,00,000/- each, aggregating to Rs. 1 crore

Coupon

12% per annum, payable monthly

Tenure / Maturity

9 years, maturing on 29.10.2035

What was allotted

• 100 Transferable, Unsecured, Unlisted, Redeemable Non-Convertible Debentures (NCDs) of Rs. 1,00,000/- each.
• The allotment aggregates to Rs. 1 crore (Rupees One Crore Only).
• The NCDs were issued to eligible investors on a private placement basis.
• This is Tranche XLVII of the issue, which has a total size of Rs. 2 crore (Rupees Two Crores Only).
• The resolution for allotment was passed by circulation by the majority of the Board of Directors on October 30, 2026.

Terms of the instrument

• Coupon of 12% per annum, payable monthly.
• Tenure of 9 years. Date of allotment 30.10.2026; date of maturity 29.10.2035.
• The NCDs are unsecured, so no charge or security has been created over the company's assets.
• The NCDs are not proposed to be listed on any stock exchange.
• Tranche and allotment counts in the disclosure: 100 securities allotted under Tranche XLVII, 100 securities pending allotment, and 0 securities already allotted.

What it means for a retail investor

• The company has raised borrowed money by issuing debt paper to a set of eligible investors, not to the public at large. Existing shareholders are not being issued these NCDs.
• The coupon of 12% per annum is the interest the company has committed to pay on this Rs. 1 crore borrowing, in monthly instalments, over 9 years until maturity in 2035.
• Because the NCDs are unsecured, the holders do not have a charge over any specific asset of the company. They rank as unsecured creditors.
• Because the NCDs are unlisted and privately placed, they will not trade on an exchange; a retail investor cannot buy or sell them on the market.
• Issuing debentures adds to the company's borrowings and brings a fixed interest obligation, which is a recurring cost over the life of the instrument.

How to read this announcement

• This is a disclosure of a completed allotment, not a proposal. The Board resolution by circulation is stated as already passed and the securities are described as allotted.
• For a lender-type business, raising funds through debentures is a funding activity; the key figures to track are the coupon of 12% per annum and the 9-year tenure, since they fix the cost and duration of this money.

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