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.

Mufin Green Finance Limited has announced the withdrawal of a significant portion of its proposed preferential issue, citing regulatory approval delays. The company informed the stock exchanges on January 28, 2026, about its decision to cancel the equity shares component meant for consideration other than cash.

Withdrawal Details

The Committee of the Board of Directors has decided to withdraw the proposed issue of equity shares for non-cash consideration due to challenges in obtaining regulatory approvals for valuation purposes. The withdrawn component represents a substantial portion of the originally planned fundraising initiative.

Original Preferential Issue Structure

The preferential issue was originally approved by the Board of Directors in their meeting held on November 6, 2025, and subsequently approved by shareholders in an Extraordinary General Meeting on November 29, 2025. The comprehensive issue included three distinct components designed to raise capital through different instruments.

Remaining Issue Components

Despite the withdrawal of the non-cash equity component, the company confirmed that all other terms and conditions of the remaining preferential issue will continue unchanged. The cash component and warrant issue remain active, with applications for in-principle approval currently pending with the stock exchanges.

The warrant component allows conversion into equity shares of face value Rs 1.00 each at a premium of Rs 97.00, providing flexibility for future capital infusion based on market conditions and company requirements.

Impact Assessment

Mufin Green Finance has assured stakeholders that the withdrawal will not have any material impact on the company's business operations or financial stability. This statement suggests that the company has alternative funding arrangements or sufficient capital reserves to meet its operational and growth requirements.

The company's proactive communication to both BSE Limited and National Stock Exchange of India Limited demonstrates its commitment to transparency and regulatory compliance. The decision reflects a pragmatic approach to capital raising, prioritizing regulatory certainty over immediate fundraising timelines.