ALPHA TRIBE

Mufin Green Finance LimitedQIP/Rights/Pref., 30-07-2025: Allotment of Securities

30-07-2025 | 04:36 pm

Mufin Green Finance has successfully raised fresh capital by privately placing 1,045 Non-Convertible Debentures (NCDs). These NCDs, issued at Rs. 1,00,000 each, inject a total of Rs. 10.45 Cr into the company. The sole investor for this placement is DWM SDGs Credit Fund. Carrying an attractive annual interest of 12.80%, paid quarterly, these secured and unlisted NCDs are set to mature in August 2028. This funding bolsters the company's financial strength, supporting its ongoing operations and growth initiatives.

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