Mufin Green Finance sells stake in non-material subsidiary for ₹6.5 lakh

Mufin Green Finance Limited has announced the divestment of its 65% equity stake in Mufin Green Infra Limited, a non-material subsidiary. The agreement for sale was entered into on October 29, 2025, with an expected completion date of November 30, 2025. The transaction involves an aggregate consideration of ₹6,50,000.

The buyers are Mr. Subhash Kumar, Mr. Sagar Verma, Mr. Gaurav Verma, Mr. Deepanshu Sharma, and Mr. Rahul Kumar Sharma. Mufin Green Finance confirmed that these buyers do not belong to the promoter or promoter group/group companies, and the transaction is not considered a related party transaction.

For the year ended March 31, 2025, Mufin Green Infra Limited contributed ₹2,13,06,813 in turnover and reported a net worth of ₹-9,43,188. The company emphasized that this disclosure aligns with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024.