Mufin Green Finance Ltd Allots Non-Convertible Debentures in Private Placement, Raising Rs 55 Crore
Mufin Green Finance Ltd has completed the issuance and allotment of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) through a private placement. The offering was successfully executed with a total issue size of Rupees Fifty-Five Crore Only.The company issued 55,000 Non-Convertible Debentures, each having a face value of INR 10,000. These securities are set to be listed on the BSE Limited.
Key details regarding the debenture issuance are provided below:
| Particulars | Details |
|---|---|
| Type of Securities | Non-Convertible Debentures |
| Issuance Type | Private Placement |
| Total Debentures Allotted | 55,000 |
| Issue Size | Rs. 55,00,00,000 |
The debentures have a tenure of 15 months and are scheduled to mature on October 21, 2027. The allotment was completed on July 21, 2026.
The financial terms associated with the NCDs include:
| Term Detail | Specification |
|---|---|
| Coupon Rate | 10.00% per annum |
| Coupon Payment Frequency | Monthly |
| Principal Repayment Schedule | At Maturity on October 21, 2027 |
| Charge Created Over Assets | Hypothecation of Receivables/Book Debts |
The debentures are redeemable upon maturity, ensuring a defined repayment timeline for investors.
MUFIN Stock Price Movement
As of 1:28 PM, shares of Mufin Green Finance Limited are slipping by 0.19% in live trading, currently priced at ₹128.39 as investors navigate a volatile afternoon. The stock has experienced brisk activity today, with over 256,903 shares traded during the session so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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