Mufin Green Finance Limited — QIP/Rights/Pref., 20-06-2025: Allotment of Securities
20-06-2025 | 07:29 pm
20-06-2025 | 07:29 pm
Mufin Green Finance has announced a board meeting on June 20, 2025, approving the conversion of 36.25 lakh convertible warrants into an equal number of equity shares at Rs. 41.25 each, raising Rs. 14.95 Cr. Post conversion, the paid-up capital is Rs. 16.83 Cr. Promoters Kapil Garg and Saurabh Garg converted 22 lakh warrants, increasing their combined holding. Non-promoters also converted warrants totaling 14.25 lakh shares. This infusion strengthens equity capital and slightly boosts promoter stakes for future growth.
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