Mufin Green Finance Approves ₹119 Crore NCD Issuance Through Private Placement

Mufin Green Finance Limited has announced the approval of the issuance of listed, secured, non-convertible debentures (NCDs) worth up to INR 119 crore. The decision was approved during a meeting of the company’s Management Committee held on June 2, 2026. This development follows an earlier intimation made by the company on May 27, 2026, regarding its plans to raise funds through debt instruments.

The NCDs will be issued on a private placement basis. The approved aggregate amount for the issuance is up to INR 119 crore, reflecting the company’s efforts to strengthen its financial position through structured debt financing. Private placement of NCDs is a commonly used method by companies to raise capital from selected investors while maintaining flexibility in funding operations and growth plans.

The Management Committee meeting began at 4:00 p.m. and concluded at 4:20 p.m. Following the meeting, the company formally communicated the decision through an official disclosure. The notification was signed by Mayank Pratap Singh, Company Secretary and Compliance Officer of Mufin Green Finance Limited, and was issued from Delhi.

In its filing, Mufin Green Finance stated that the disclosure was made in compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mufin Green Finance Limited believes the latest fundraising initiative will support its financial strategy and strengthen access to capital through secured debt instruments. The move highlights the company’s continued focus on securing funding avenues to support its business operations and future growth plans.