Parnami Credits Limited Appoints Nimisha Kasat as Company Secretary and Compliance Officer; Approves Issue of Non-Convertible Debentures on Private Placement Basis
November 02, 2018 at 08:15 pm IST
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Parnami Credits Limited announced that at its Board of Directors Meeting held on 2nd November, 2018, the company approved the appointment of Ms. Nimisha Kasat as Company Secretary and Compliance officer of the Company with effect from 2nd November, 2018. She is an Associate Member of Institute of Company Secretaries of India, who posses the requisite qualificationas prescribed under the Companies (Appointment and Qualification of Secretary) Rules, 1988.
The company also approved the issue of INR 135,000,000 non-convertible debenture on private placement basis with coupon rate of 12% per annum, payable monthly.
QGO Finance Limited is an India-based non-banking financial company (NBFC). The Company is engaged in providing financial services. The Company is engaged in financing construction projects, along with retail loans. It provides a range of products to its customers, such as business loan, retail loan, project loan, and loan against property. It also provides consultancy and advisory services to clients in the field of financing. The Company offers services of lending money or any term that may be thought fit and particularly to customers or other person or corporation having dealt with the Company. It offers service/funding for Project loan, peripheral tier-I satellites cities. It is focused on improving credit access, infrastructure building, skill development and technology assistance for retail loans, loan against property, and business loans. Its retail loan is used for multiple purposes, such as for travel, marriage, education, consumer durables, electronics, and household use.
Parnami Credits Limited Appoints Nimisha Kasat as Company Secretary and Compliance Officer; Approves Issue of Non-Convertible Debentures on Private Placement Basis