Mufin Green Finance Raises Rs 50 Crore Through Non-Convertible Debentures

Mufin Green Finance Limited , a company listed on the BSE (Scrip Code: 542774), has successfully raised Rs 50.00 crore through the issuance of non-convertible debentures (NCDs) in a private placement. This move highlights the company's efforts to secure funding for its operations and potentially expand its green finance initiatives.

Key Details of the NCD Issuance

Particulars	Details
Issue Type	Secured, Rated, Listed, Redeemable Non-Convertible Debentures
Face Value	Rs 1,00,000 per debenture
Number of NCDs	5,000
Total Issue Size	Rs 50.00 crore
Coupon Rate	11% per annum
Coupon Payment Frequency	Monthly
Tenure	15 months
Allotment Date	November 3, 2025
Maturity Date	February 3, 2027
Listing	To be listed on BSE Limited

Repayment Structure

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

First payment of 50% on December 3, 2026
Second and final payment of 50% on February 3, 2027

Security

The debentures are secured by hypothecation of receivables and book debts of Mufin Green Finance Limited, providing a level of assurance to the investors.

Market Impact

Mufin Green Finance has addressed queries regarding recent share price movements. In a clarification to the BSE dated November 3, 2025, the company stated that it has been compliant with all disclosure requirements and attributes any price fluctuations to market conditions beyond its control.

This NCD issuance by Mufin Green Finance Limited demonstrates the company's ability to attract debt capital, which could be indicative of its growth plans or refinancing strategies. As the green finance sector continues to gain traction, such fundraising activities may become increasingly significant for companies operating in this space.

Investors and market watchers may keep an eye on how Mufin Green Finance utilizes these funds and its impact on the company's financial performance in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.56%	+23.33%	+35.14%	+58.83%	+4.58%	-11.10%

Mufin Green Finance Limited has announced its decision to sell its entire 65% ownership stake in its subsidiary, Mufin Green Infra Limited. This move represents a complete divestment from the non-material subsidiary company.

Transaction Details

According to the company's regulatory filing, the divestment agreement was signed on October 29, 2025. Here are the key details of the transaction:

Aspect	Details
Stake Being Sold	65% of paid-up equity share capital
Buyers	Mr. Subhash Kumar, Mr. Sagar Verma, Mr. Gaurav Verma, Mr. Deepanshu Sharma, and Mr. Rahul Kumar Sharma
Total Consideration	₹6,50,000 (Six Lakh Fifty Thousand Only)
Expected Completion Date	November 30, 2025

Financial Impact

The subsidiary being divested, Mufin Green Infra Limited, contributed the following to Mufin Green Finance's financials for the year ended March 31, 2025:

Financial Metric	Amount
Turnover	₹2,13,06,813.00
Net Worth	₹(9,43,188.00) (negative)

Additional Information

The buyers are not related to the promoter, promoter group, or group companies of Mufin Green Finance Limited.
This transaction does not fall under the category of related party transactions.
The sale is not part of any scheme of arrangement and does not qualify as a slump sale.

This divestment aligns with Mufin Green Finance's strategic decisions regarding its subsidiary holdings. Investors and stakeholders should note that while this represents a full exit from Mufin Green Infra, the overall impact on Mufin Green Finance's financials appears to be limited, given the subsidiary's negative net worth as of the last financial year.

Investors are advised to consider this corporate action in the context of their overall investment strategy and to consult with financial advisors for personalized advice.