Mufin Green Finance Receives In-Principle Approval for Preferential Issue of Equity Shares and Warrants

2 min read     Updated on 18 Feb 2026, 04:55 PM
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Reviewed by
Ashish TScanX News Team
Overview

Mufin Green Finance Limited has obtained in-principle approval from NSE and BSE for preferential issue of 3,43,03,482 equity shares to non-promoters and 76,53,061 warrants to promoters, both priced at not less than Rs. 98 per share. The approvals are subject to regulatory compliance requirements including timely listing application filing and adherence to SEBI guidelines.

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

Mufin Green Finance Limited has secured in-principle approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited for its preferential issue of equity shares and warrants. The approvals were granted under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Issue Details

The company has received approval for a comprehensive preferential issue comprising both equity shares and convertible warrants. The issue structure demonstrates the company's strategic approach to capital raising through different investor categories.

Component Quantity Face Value Issue Price Allottee Category
Equity Shares 3,43,03,482 Re. 1/- each Not less than Rs. 98/- Non-promoters
Warrants 76,53,061 Re. 1/- each Not less than Rs. 98/- Promoters

Regulatory Compliance Requirements

Both stock exchanges have granted their approval subject to several mandatory conditions that the company must fulfill. The NSE has outlined specific requirements including filing the listing application at the earliest from the date of allotment and obtaining all necessary statutory approvals from SEBI, RBI, and MCA.

Key compliance requirements include:

  • Filing listing application within twenty days from allotment date
  • Receipt of all statutory and regulatory approvals
  • Compliance with SEBI (LODR) Regulations, 2015 and Companies Act provisions
  • Submission of required documents and payment of applicable fees

Trading Controls and Monitoring

The exchanges have emphasized the need for strengthened internal controls to monitor trading activities by proposed allottees. The company must obtain undertakings from allottees confirming they will not engage in intra-day trading or sell shares in the company's scrip until the allotment date, as required under SEBI (ICDR) Regulations.

Responsibility Details
Company Obligation Verify allottee compliance with trading restrictions
Allottee Undertaking No intra-day trading or sales until allotment
Regulatory Framework SEBI (ICDR) Regulations, 2018

Post-Approval Process

Following the allotment of securities, Mufin Green Finance Limited will be required to make a listing application without delay, along with applicable fees, in terms of Regulation 14 of the LODR Regulations. The company must also comply with all post-issue formalities as specified by the exchanges.

The exchanges have reserved their right to withdraw the in-principle approval if any information submitted is found to be incomplete, incorrect, misleading, or in contravention of applicable rules and regulations. The approval was communicated to the company on February 18, 2026, by Company Secretary & Compliance Officer Mayank Pratap Singh.

Historical Stock Returns for Mufin Green Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+1.53%+0.62%+0.76%+27.70%+60.31%-11.81%

Mufin Green Finance Limited Allots ₹100 Crore Non-Convertible Debentures Through Private Placement

1 min read     Updated on 11 Feb 2026, 01:11 PM
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Reviewed by
Shriram SScanX News Team
Overview

Mufin Green Finance Limited successfully allotted ₹100,00,00,000 worth of non-convertible debentures through private placement on February 11, 2026. The issue comprises 1,00,000 NCDs with ₹10,000 face value each, offering 10% annual coupon rate with monthly interest payments. The 15-month tenure debentures are secured by hypothecation of receivables and will be listed on BSE Limited, with principal repayment in four equal 25% installments starting March 2027.

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

Mufin Green Finance Limited has announced the successful allotment of non-convertible debentures worth ₹100,00,00,000 through private placement. The company informed BSE Limited and National Stock Exchange of India Limited about this significant fundraising initiative on February 11, 2026.

Debenture Issue Details

The company has issued and allotted secured, rated, listed, redeemable non-convertible debentures denominated in Indian Rupees through private placement. The issue comprises 1,00,000 NCDs with a face value of ₹10,000 each, raising a total amount of ₹100,00,00,000.

Parameter: Details
Securities Type: Non-convertible debentures
Issue Method: Private Placement
Total NCDs: 1,00,000
Face Value: ₹10,000 each
Issue Size: ₹100,00,00,000
Allotment Date: February 11, 2026
Listing Exchange: BSE Limited

Terms and Conditions

The debentures carry attractive terms for investors with a tenure of 15 months. The securities offer a coupon rate of 10.00% per annum with monthly interest payments, providing regular income to debenture holders.

Financial Terms: Specifications
Coupon Rate: 10.00% per annum
Interest Frequency: Monthly
Tenure: 15 Months
Maturity Date: May 11, 2027
Security: Hypothecation of Receivables/Book Debts

Repayment Structure

The principal repayment is structured in four equal installments of 25% each, providing a systematic repayment schedule for investors:

  • First Payment (25%): March 11, 2027
  • Second Payment (25%): April 11, 2027
  • Third Payment (25%): April 11, 2027
  • Fourth and Final Payment (25%): May 11, 2027

Security and Listing

The debentures are secured by hypothecation of receivables and book debts, providing additional security to investors. The company has confirmed that the NCDs will be listed on BSE Limited, ensuring liquidity and transparency for debenture holders.

This successful allotment demonstrates Mufin Green Finance Limited's ability to raise capital through debt instruments and reflects investor confidence in the company's financial stability and growth prospects.

Historical Stock Returns for Mufin Green Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+1.53%+0.62%+0.76%+27.70%+60.31%-11.81%

More News on Mufin Green Finance

1 Year Returns:+60.31%