Last Updated on December 9, 2025 by Author
Mufin Green Finance Limited has informed that it has issued and allotted secured, rated, listed, redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The company disclosed the development in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as per the communication dated December 4, 2025.
According to the details provided in the disclosure, the company has allotted 9,000 Non-Convertible Debentures, each with a face value of INR 1,00,000, amounting to a total issue size of INR 90 crore (Rupees Ninety Crore Only). The NCDs have been issued through a private placement route and will be listed on BSE Limited.
The date of allotment of these securities is December 4, 2025, and they carry a tenure of 4 years, 11 months, and 23 days, with the maturity scheduled for November 26, 2030. The NCDs offer a coupon rate of 11.75% per annum, payable semi-annually. The redemption schedule involves a 99.99% principal redemption on November 26, 2028, with the remaining 0.01% to be redeemed on November 26, 2030.
The securities are backed by hypothecation of receivables/book debts, serving as the security against the issuance. There are no special rights, privileges, or interests attached to these instruments, and the company confirmed that no delays or defaults are associated with payment obligations.
The company also clarified that no remarks, comments, or concerns about payment of interest or principal have been received from any stakeholders, and the matter of redemption related to preference shares does not apply in this issuance. The information was shared by Mayank Pratap Singh, Company Secretary, from Delhi.
This issuance supports Mufin Green Finance Limited’s ongoing financing activities in the green and sustainable lending ecosystem, aimed at strengthening its business plans through structured debt-based capital raising.
