Mufin Green Finance Limited has announced a major fundraising decision following its Management Committee meeting held on December 16, 2025. The committee has approved the issuance of secured, non-convertible debentures worth up to ₹100 crores through the private placement route.

Committee Meeting Details

The Management Committee meeting was conducted on December 16, 2025. The session had a focused agenda and concluded efficiently within a 20-minute timeframe.

Debenture Issuance Approval

The committee has approved a substantial debenture issuance program that aims to provide the company with significant capital through debt instruments. The debentures will be structured as secured instruments, offering protection to investors through underlying collateral.

Regulatory Compliance

The company has fulfilled its disclosure obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This announcement follows the company's earlier intimation dated December 11, 2025, demonstrating adherence to regulatory timelines and transparency requirements.

The debenture issuance approval represents a strategic financing decision that may enable Mufin Green Finance Limited to access debt capital markets through the private placement mechanism, potentially providing flexibility in terms of investor selection and pricing negotiations.

Mufin Green Finance Limited has issued a corrigendum to modify its November 7, 2025 Extraordinary General Meeting (EGM) notice regarding the preferential allotment of equity shares. The company has made significant changes to the list of proposed allottees and the number of shares to be issued.

Key Changes in the Preferential Issue

• The company now plans to issue up to 3,48,40,840 equity shares at Rs. 98.00 per share.
• The total fund-raising target remains at Rs. 341.44 crore through this preferential issue to non-promoter investors.
• Several proposed allottees have been removed from the original list, including Veloce Opportunities Fund, Abhaykumar Sumatilal Shah, Navtinder Aggarwal, Aira Buildcon Private Limited, Chinkey Verma, Ram Kumar Gupta HUF, and Renuka Wadhwani.
• New allottees have been added, including Transpares Limited, S. R. Foundation, Sandeep Puri, and Veloce Opportunities Fund II.

Revised Allocation Details

The corrigendum provides an updated list of allottees and their respective share allocations. Some notable changes include:

Purpose of the Preferential Issue

The funds raised through this preferential issue are intended for:

1. Onward lending (up to Rs. 4,16,44,02,298)
2. Discharge of purchase consideration payable to shareholders of Bimapay Finsure Private Limited (Rs. 41,45,39,608)

Impact on Shareholding Pattern

The corrigendum also outlines changes to the company's shareholding pattern post-issue:

• Promoter and Promoter Group holding will decrease from 54.20% to 46.15%
• Non-promoter holding will increase from 45.80% to 53.85%

EGM Details

The Extraordinary General Meeting is scheduled for November 29, 2025. Shareholders will vote on the revised preferential issue proposal along with other agenda items.

Mufin Green Finance has stated that all other contents of the original EGM notice remain unchanged. The company has advised shareholders to read the corrigendum in conjunction with the original notice, as the corrections now form an integral part of the EGM proceedings.