Mufin Green Finance Clarifies Warrant Conversion Terms Following EGM

1 min read     Updated on 10 Feb 2026, 04:22 PM
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Overview

Mufin Green Finance Limited has issued a regulatory clarification regarding warrant conversion terms following its November 29, 2025 EGM. The company addressed an inadvertent omission in its original explanatory statement where warrant conversion timeframes were not specified. The clarification confirms that warrants approved at the EGM shall be convertible into equity shares within 18 months from allotment date, in compliance with SEBI regulations.

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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.

Meeting Details: Information
Meeting Type: Extraordinary General Meeting (EGM)
Date: November 29, 2025
Purpose: Preferential issuance of equity shares and warrants
Regulatory Framework: SEBI Listing 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.

Warrant Terms: Details
Conversion Period: 18 months from allotment date
Regulatory Compliance: SEBI (ICDR) Regulations, 2018
Approval Status: Approved by members at EGM
Conversion Target: Equity shares

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.

Historical Stock Returns for Mufin Green Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-3.61%-9.19%-7.24%+22.82%+44.06%-21.17%

Mufin Green Finance Limited Reports Q3FY26 Results with ₹700.83 Lakh Profit

1 min read     Updated on 09 Feb 2026, 11:25 PM
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Reviewed by
Riya DScanX News Team
Overview

Mufin Green Finance Limited announced strong Q3FY26 financial results with net profit growing 15.69% to ₹700.83 lakhs and revenue increasing 29.81% to ₹5,592.73 lakhs. The company also raised ₹290 crores through NCDs and approved corporate governance changes including Articles of Association alteration.

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Mufin Green Finance Limited has announced its unaudited financial results for the quarter ended December 31, 2025, following the board meeting held on February 13, 2026. The company reported strong financial performance with significant growth in revenue and profitability during the third quarter.

Financial Performance Highlights

The company delivered robust financial results for Q3FY26, demonstrating consistent growth across key metrics. The board of directors approved both standalone and consolidated financial results during their meeting.

Metric: Q3FY26 Q3FY25 Growth (%)
Total Revenue: ₹5,592.73 lakhs ₹4,308.70 lakhs +29.81%
Net Profit: ₹700.83 lakhs ₹605.77 lakhs +15.69%
Interest Income: ₹5,199.00 lakhs ₹4,300.33 lakhs +20.90%
Basic EPS: ₹0.41 ₹0.37 +10.81%

Nine-Month Performance

For the nine months ended December 31, 2025, the company maintained strong momentum with total revenue reaching ₹15,536.08 lakhs compared to ₹12,041.77 lakhs in the corresponding period last year, representing a growth of 29.02%. Net profit for the nine-month period stood at ₹1,717.82 lakhs against ₹1,638.93 lakhs in the previous year.

Board Meeting Outcomes

The board meeting, which commenced at 3:30 PM and concluded at 4:10 PM on February 13, 2026, addressed several key corporate matters beyond the financial results approval.

Agenda Item: Status
Q3FY26 Financial Results: Approved
Articles of Association Alteration: Approved (subject to shareholder approval)
Postal Ballot Notice: Approved

Key Financial Metrics

The company's financial health indicators showed positive trends across various parameters. The debt-equity ratio stood at 3.24 times as of December 31, 2025, while the net profit margin improved to 12.53% for the quarter. The company's net worth increased to ₹32,943.26 lakhs from ₹26,578.47 lakhs in the corresponding quarter of the previous year.

Fundraising Activities

During the quarter, Mufin Green Finance successfully raised ₹290 crores through the issuance of secured non-convertible debentures (NCDs) via private placement. The company issued five series of NCDs with interest rates ranging from 10.85% to 11.75% per annum, with most funds utilized for onward lending purposes as per the stated objectives.

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Historical Stock Returns for Mufin Green Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-3.61%-9.19%-7.24%+22.82%+44.06%-21.17%

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1 Year Returns:+44.06%