ALPHA TRIBE

Mufin Green Finance LimitedQIP/Rights/Pref., 10-07-2025: Allotment of Securities

10-07-2025 | 06:35 pm

Mufin Green Finance has allotted 1,257 secured, unrated, non-convertible debentures via private placement to Cardano Impact Financial Inclusion Fund (I) for Rs. 12.57 Cr at Rs. 1,00,000 each. The NCDs carry a 12.8% annual coupon, payable quarterly, and mature in July 2028. The issue is fully subscribed and backed by hypothecation of receivables/book debts, providing the company with fresh debt funding without equity dilution.

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