QGO Finance Limited has redeemed 125 unlisted, unsecured, redeemable non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹1,25,00,000 (Rupees One Crore Twenty-Five Lakhs only). The redemption occurred on November 02, 2026 at 05:10 P.M.
The NCDs were originally allotted on November 26, 2018, on a private placement basis for a tenure of five years from the date of allotment. As previously disclosed on March 14, 2023, the company extended the tenure of these NCDs by an additional period of three years in accordance with the terms of the issue and with the consent of the NCD holder.
Following completion of the lock-in period on November 25, 2021, the NCD holder requested redemption of the 125 NCDs. The company has duly paid both the principal amount and applicable interest to the NCD holder.
Redemption Details:
- Type of Security: Unlisted, Unsecured, Redeemable Non-Convertible Debentures
- Number of NCDs Redeemed: 125
- Date of Payment: November 02, 2026
- Purpose: Redemption and payment of interest on NCDs