QGO Finance Ltd. Allots Non-Convertible Debentures
QGO Finance Ltd. announced on March 26, 2026, that its Board of Directors approved the allotment of 260 Transferable Secured Non-Convertible Debentures (NCDs) of Rs. 50,000 each, aggregating to Rs. 1,30,00,000. The NCDs were issued to eligible investors on a private placement basis.The debentures, designated as Tranche-4, carry a coupon rate of 12% per annum, payable monthly. They have a tenure of 84 months, with an allotment date of March 26, 2026, and a maturity date of March 25, 2033.The NCDs are secured by a first ranking pari-passu charge over the receivables of the company, maintained at 100% of the outstanding NCDs (including interest). The total size of the issue is Rs...