Mufin Green Finance Limited has announced that its Management Committee of the Board of Directors will convene on February 03, 2026, to consider a significant fund raising proposal. The meeting has been scheduled in compliance with regulatory requirements and will focus on potential debt financing options for the company.

Meeting Details and Purpose

The board meeting is specifically convened to deliberate on fund raising through the issuance of non-convertible debentures. The company has outlined the following key aspects of the proposed fund raising:

Regulatory Compliance and Notifications

Mufin Green Finance Limited has formally notified both major stock exchanges about the upcoming board meeting. The company submitted the intimation to BSE Limited (Scrip Code: 542774) and National Stock Exchange of India Limited (Symbol: MUFIN) on January 29, 2026.

The notification was made pursuant to Regulations 29 and 50 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This ensures full compliance with disclosure requirements for listed companies regarding material corporate actions.

Corporate Communication

The official intimation was signed by Mayank Pratap Singh, Company Secretary & Chief Compliance Officer, on January 29, 2026, from the company's Delhi office. The communication emphasizes the company's commitment to maintaining transparency with stakeholders and regulatory bodies.

The fund raising proposal through non-convertible debentures represents a debt financing approach that will be evaluated by the board during the scheduled meeting. The private placement method indicates the company's intention to raise funds from select institutional or qualified investors rather than through a public offering.

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 The withdrawn component represents a substantial portion of the originally planned fundraising initiative.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.