Mufin Green Finance Limited — Others, 12-02-2025: Monitoring Agency Report

Mufin Green Finance Limited's monitoring agency report confirms that the utilization of proceeds from their recent private placement has adhered to the disclosed objectives, with a total issue size of INR 140.25 crore. As of the end of Q3 FY 2024-25, the company utilized INR 82.27 crore for lending purposes, while the general corporate purpose allocation remains unutilized. No deviations were observed, which indicates effective management of funds. This positive tracking of capital usage could enhance investor confidence by mitigating concerns around fund deployment, projecting a favorable outlook for the company's operational stability and governance.