QGO Finance Limited has scheduled a board meeting on October 18, 2025, to evaluate and approve a proposal for raising funds through the issuance of unsecured non-convertible debentures (NCDs) on a private placement basis—a move signaling the company’s intent to strengthen its capital structure and support future growth initiatives.
QGO Finance Limited has officially notified the exchanges that its Board of Directors will convene on Saturday, October 18, 2025, to deliberate on a key fundraising plan. The meeting’s agenda includes consideration and approval of a proposal to raise capital by issuing unsecured non-convertible debentures (NCDs) through a private placement route.
This measure indicates the company’s strategic approach to diversifying its funding avenues and bolstering liquidity without immediate equity dilution. Non-convertible debentures, being debt instruments, allow the company to secure funds with fixed interest commitments, offering predictable returns to investors while maintaining managerial control.
The use of the private placement route suggests that QGO Finance may be targeting institutional or high-net-worth investors for structured funding. The exact quantum, tenor, and coupon rate of the proposed NCDs will likely be disclosed post-approval. This route helps the company maintain financial flexibility and tap market opportunities efficiently, especially in a climate where credit markets are showing keen interest in corporate bond issuances.
Market observers view this step as part of the broader trend among NBFCs and financial institutions seeking to optimize balance sheets ahead of the festive quarter and rising credit demand. It also reflects prudent capital management aimed at securing medium- to long-term resources at competitive borrowing costs.
Key Highlights
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QGO Finance will hold its board meeting on October 18, 2025, to approve a fundraising initiative.
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The proposal involves issuing unsecured non-convertible debentures (NCDs) via private placement.
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The move is expected to strengthen liquidity and support business expansion plans.
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Specific details on the issue size, tenure, and interest rate are awaited post-meeting.
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The initiative aligns with NBFCs’ increasing reliance on debt markets for growth funding.
Source: Company filing to BSE and NSE