1. Revision of Lock-in End Dates for Existing NCDs

The Board approved the revision of lock-in end dates for existing Unsecured, Unlisted, Redeemable Non-Convertible Debentures (NCDs):

  • 100 NCDs allotted on October 24, 2025: Lock-in end date revised from October 23, 2028, to October 30, 2026. Maturity date remains unchanged at October 23, 2034.
  • 200 NCDs allotted on November 08, 2025: Lock-in end date revised from November 07, 2028, to October 30, 2026. Maturity date remains unchanged at November 07, 2034.

2. Approval for Issuance of New NCDs

The Board approved raising funds through issuance of Unsecured, Unlisted, Redeemable Non-Convertible Debentures on a private placement basis. Key terms as per Annexure-A:

  • Type: Unsecured, Unlisted, Redeemable Non-Convertible Debentures
  • Issuance: Private placement to eligible investors
  • Size: 1100 NCDs of ₹1,00,000 each, aggregating to ₹11,00,00,000 (Rupees Eleven Crores Only)
  • Issuance structure: One or more tranches
  • Listing: Not proposed to be listed
  • Tenure: 9 years
  • Allotment date: Date of Board approval or other date determined by Board
  • Coupon: 12% per annum fixed rate, payable monthly
  • Security: Unsecured (no charge over assets)
  • Redemption: At end of 9 years, details to be intimated during allotment

3. Appointment of Non-Executive Director

The Board approved the appointment of Mr. Vijaykumar Agarwal (DIN: 00108710) as Non-Executive, Non-Independent Director, subject to:

  • Approval of Reserve Bank of India (RBI)
  • Approval of shareholders of the Company

The Company will make an application to RBI through the PRAVAAH portal under Master Direction – RBI (Non-Banking Financial Companies – Governance) Directions, 2025. Further disclosure will be made after receipt of RBI approval. The Board will consider the appointment subject to shareholder approval once RBI approval is received.

Mr. Vijaykumar Agarwal is related to Mrs. Rachana Singi (Managing Director and promoter) and Mrs. Deepika Nath (Non-Executive Director, Promoter Group). He is not debarred from holding director office by SEBI or any regulatory authority.

Additional Information

  • The announcement is made available on the company website at https://qgofinance.com/
  • Disclosure made pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • Company CIN: L65910MH1993PLC302405