Mufin Green Finance Limited has secured empanelment with the Government of Assam to provide instant loan services to government employees through an integrated digital platform. The announcement was made through a press release dated March 01, 2026, filed under Regulation 30 of SEBI listing requirements.

Empanelment Details and Scope

The empanelment enables Mufin Green Finance Limited to serve more than 5 lakh Assam Government employees through direct integration with the state's Human Resource Management System (HRMS). This technological integration facilitates seamless loan processing and approval mechanisms for government staff across the state.

Service Features and Benefits

The HRMS integration provides government employees with round-the-clock access to financing solutions. Key features of the service include:

• Real-time loan application processing
• Instant approval mechanisms
• Elimination of traditional paperwork requirements
• Seamless integration with existing government systems
• Transparent loan processing procedures

Thousands of public sector employees are expected to benefit from this streamlined approach to accessing credit facilities.

Management Commentary

Mr. Kapil Garg, Managing Director of Mufin Green Finance, commented on the development: "Our integration in Assam marks a significant step in democratizing finance after successful integration with Government of Rajasthan. We're thrilled to empower over 20 lakh employees with accessible, round-the-clock lending in the State of Assam and Rajasthan."

Strategic Expansion

This empanelment represents an expansion of Mufin Green Finance Limited's government partnership model, following its successful integration with the Government of Rajasthan. The combined reach now extends to over 20 lakh employees across both states, strengthening the company's presence in the government employee lending segment.

The initiative aligns with national objectives of promoting financial inclusion and enhancing access to responsible credit for government staff, contributing to broader economic growth and financial accessibility goals.

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.

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.

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.