Mufin Green Finance allots non-convertible debentures via private placement

Mufin Green Finance has successfully allotted non-convertible debentures via private placement. The allotment, dated July 10, 2025, sees a total issuance of 1,257 debentures.

The issue size amounts to INR 12,57,00,000. There is a single investor, Cardano Impact Financial Inclusion Fund (I). The debentures carry a coupon rate of 12.80% per annum. The maturity date is set for July 13, 2028, and coupon payments will be made quarterly. The debentures are secured by hypothecation of receivables and book debts.