Mufin Green Finance Limited has issued a regulatory clarification regarding its Extraordinary General Meeting (EGM) notice, specifically addressing details about warrant conversion terms that were inadvertently omitted from the original explanatory statement.

EGM Details and Preferential Issuance

The company convened an EGM on November 29, 2025, to consider and approve the issuance of equity shares and warrants on a preferential basis. The meeting was held in accordance with regulatory requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Clarification on Warrant Terms

The company identified an inadvertent omission in its original explanatory statement where the timeframe for warrant issuance and conversion was not specified, while corresponding details for equity shares were provided. This omission occurred under point (g) of the explanatory statement annexed to the EGM notice.

To address this oversight, Mufin Green Finance has now clarified the specific terms governing the warrants approved by members at the EGM.

Warrant Conversion Framework

The company has confirmed that warrants approved at the EGM shall be convertible into equity shares within a period of 18 months from the date of allotment. This conversion timeline aligns with provisions under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws.

Regulatory Compliance

The clarification has been issued pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was formally submitted to both BSE Limited and National Stock Exchange of India Limited on February 10, 2026, signed by Company Secretary and Compliance Officer Mayank Pratap Singh.

Mufin Green Finance Limited has successfully concluded its Management Committee meeting held on February 03, 2026, with the approval of a significant fund raising proposal. The committee approved the issuance of listed, secured, non-convertible debentures worth INR 125.00 crore on a private placement basis, marking a major milestone in the company's financing strategy.

Meeting Outcome and Approval Details

The Management Committee meeting, which commenced at 4:00 PM and concluded at 4:30 PM on February 03, 2026, resulted in the approval of the debenture issuance proposal that was previously scheduled for consideration. The approved fund raising structure includes comprehensive terms designed to provide flexibility in capital mobilization.

Regulatory Compliance and Communication

Mufin Green Finance Limited has fulfilled its regulatory obligations by promptly notifying both BSE Limited (Scrip Code: 542774) and National Stock Exchange of India Limited (Symbol: MUFIN) about the meeting outcome. The notification was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The official communication was signed by Mayank Pratap Singh, Company Secretary & Chief Compliance Officer, on February 03, 2026, from the company's Delhi office. The company emphasized that this information should be treated as compliance under Regulation 30 and other applicable provisions of the Listing Regulations.

Strategic Financing Structure

The approved debenture structure provides Mufin Green Finance Limited with substantial financial flexibility through its comprehensive design. The base issue size of INR 125.00 crore, combined with the green shoe option of INR 25.00 crore, offers the company the ability to raise funds according to market conditions and investor demand.

The private placement approach enables the company to target select institutional and qualified investors, potentially ensuring more efficient capital mobilization. The secured nature of the debentures adds an additional layer of investor protection while maintaining the company's commitment to transparent and responsible financing practices.