QGO Finance Limited announced that at its board meeting held on January 3, 2023, Approved issuance of Unsecured, unlisted, redeemable, Non-convertible Debentures (NCDs) under Private Placement basis up to INR 50,000,000 within the borrowing limits of the company as approved by the shareholders. Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately): 500 NCD of INR 100,000 each amounting to INR 50,000,000. Tenure of the instrument - date of allotment and date of maturity: 7 (Seven) years from the date of allotment.

Coupon/interest offered, schedule of payment of coupon/interest and principal: 12% p.a. payable monthly.