Mufin Green Finance Limited Approves INR 50 Crore Non-Convertible Debenture Issuance

1 min read     Updated on 23 Oct 2025, 10:55 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Mufin Green Finance Limited's Management Committee has approved the issuance of non-convertible debentures (NCDs) worth up to INR 50 crore through private placement. The NCDs will be listed, secured instruments. The approval was given on October 23, 2025, during a meeting from 10:00 AM to 10:30 AM. The company has informed both BSE and NSE about this decision, complying with SEBI regulations. Mayank Pratap Singh, the Company Secretary & Chief Compliance Officer, officially communicated this development to the stock exchanges.

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Mufin Green Finance Limited , a company listed on both the BSE and NSE, has taken a significant step in its financial strategy. The company's Management Committee has approved the issuance of non-convertible debentures (NCDs) worth up to INR 50 crore through a private placement.

Key Details of the NCD Issuance

Aspect Details
Type of Instrument Listed, Secured, Non-Convertible Debentures
Issuance Method Private Placement
Maximum Amount INR 50,00,00,000 (Fifty Crore)
Approval Date October 23, 2025
Meeting Duration 10:00 AM to 10:30 AM

Regulatory Compliance

The company has promptly informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) about this decision. This disclosure aligns with the regulatory requirements set forth by the Securities and Exchange Board of India (SEBI) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Communication

Mayank Pratap Singh, the Company Secretary & Chief Compliance Officer of Mufin Green Finance Limited, officially communicated this development to the stock exchanges. The company has requested that this information be recorded and treated as compliance with the applicable provisions of the Listing Regulations.

This move by Mufin Green Finance Limited to issue NCDs could be seen as part of its broader financial strategy. Non-convertible debentures are typically used by companies to raise capital for various purposes, such as expansion, debt refinancing, or general corporate needs. However, the specific use of funds from this NCD issuance has not been disclosed in the available information.

Historical Stock Returns for Mufin Green Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-5.09%-0.28%+9.35%+42.23%-0.45%-29.19%
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Mufin Green Finance Raises Rs. 50 Crore Through Non-Convertible Debentures

1 min read     Updated on 11 Sept 2025, 05:05 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Mufin Green Finance has successfully raised Rs. 50 crore through the issuance of non-convertible debentures (NCDs) in a private placement. The company issued 5,000 secured, rated, listed, redeemable NCDs with a face value of Rs. 1,00,000 each. The NCDs have a tenure of 15 months, a coupon rate of 11.00% per annum payable monthly, and will be listed on BSE Limited. The principal repayment is structured in two installments: 50% on October 11, 2026, and the remaining 50% on the maturity date of December 11, 2026. The debentures are secured by hypothecation of receivables and book debts of the company.

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*this image is generated using AI for illustrative purposes only.

Mufin Green Finance has successfully raised Rs. 50.00 crore through the issuance of non-convertible debentures (NCDs) in a private placement, as announced by the company on September 11, 2025. This move signifies a strategic financial maneuver aimed at bolstering the company's capital structure.

Key Details of the NCD Issuance

Detail Value
Issue Size 5,000 secured, rated, listed, redeemable non-convertible debentures
Face Value Rs. 1,00,000 per debenture
Total Amount Raised Rs. 50.00 crore
Tenure 15 months
Coupon Rate 11.00% per annum, payable monthly
Allotment Date September 11, 2025
Maturity Date December 11, 2026
Listing To be listed on BSE Limited

Repayment Structure

The principal repayment for these NCDs is structured in two installments:

  1. 50% on October 11, 2026
  2. Remaining 50% on the maturity date (December 11, 2026)

Security Measures

The debentures are secured by hypothecation of receivables and book debts of Mufin Green Finance, providing an additional layer of assurance to investors.

Regulatory Compliance

This issuance is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed the BSE Limited and the National Stock Exchange of India Limited about this development.

Company Secretary Statement

Mayank Pratap Singh, Company Secretary of Mufin Green Finance, officially communicated this information to the stock exchanges, ensuring transparency and adherence to regulatory requirements.

This strategic financial move by Mufin Green Finance demonstrates the company's ability to leverage debt instruments for capital raising. The successful placement of these NCDs could potentially provide the company with the necessary funds for its operational and growth initiatives.

Historical Stock Returns for Mufin Green Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-5.09%-0.28%+9.35%+42.23%-0.45%-29.19%
Mufin Green Finance
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