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QGO Finance gets nod to raise funds up to Rs 2 crore via NCDs

18 Apr 2023 Evaluate

QGO Finance has received an approval for issuance of Unsecured, Unlisted, Redeemable, Non-convertible Debentures (NCDs) under Private Placement basis up to Rs 2 crore within the borrowing limits of the Company as approved by the shareholders. The Board of Directors of the Company at their meeting held on April 18, 2023 has approved the same.

QGO Finance is primarily engaged in financing construction projects, along with retail loans.

Peers
Company Name CMP
Bajaj Finserv 1825.00
TVS Holdings 12537.45
Cholamandalam Fin. 1461.15
Altius Telecom Infra 175.00
Kama Holdings 2240.40
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