ALPHA TRIBE

Mufin Green Finance LimitedQIP/Rights/Pref., 28-01-2025: Allotment of Securities

28-01-2025 | 06:25 pm

Mufin Green Finance Limited has announced a board meeting to consider the conversion of 1,20,000 warrants into an equal number of equity shares, resulting in total proceeds of ₹49.50 lakh. Each warrant was converted at a price of ₹41.25, which is 75% of the original issue price of ₹55 per warrant. Following this conversion, the company’s issued and paid-up capital has increased to ₹16.34 crore, consisting of 16.34 crore equity shares. The new equity shares will rank equally with existing shares in terms of rights and dividends.

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