Mufin Green Finance Limited — QIP/Rights/Pref., 29-11-2024: Allotment of Securities

Mufin Green Finance Limited has allotted 1,500 non-convertible debentures through private placement, raising ₹15 crore. Each debenture has a face value of ₹1 lakh, and the offering was fully subscribed by A K Securitization & Credit Opportunities Fund II. The debentures carry a coupon rate of 13.60% for the first year and 13.15% for subsequent years, with monthly interest payments. The maturity date is set for May 15, 2026, and the issue is secured by hypothecation of receivables and book debts.