Mufin Green Finance to Divest Entire 65% Stake in Mufin Green Infra

1 min read     Updated on 29 Oct 2025, 07:05 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

Mufin Green Finance Limited plans to divest its 65% stake in Mufin Green Infra Limited for ₹6,50,000. The sale to five individual buyers is expected to complete by November 30, 2025. The subsidiary reported a turnover of ₹2,13,06,813 and a negative net worth of ₹9,43,188 for the year ended March 31, 2025. This divestment is not a related party transaction and does not involve any scheme of arrangement or slump sale.

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

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.

Historical Stock Returns for Mufin Green Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+2.62%+3.82%+14.99%+27.84%-4.41%-26.71%
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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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*this image is generated using AI for illustrative purposes only.

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
+2.62%+3.82%+14.99%+27.84%-4.41%-26.71%
Mufin Green Finance
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