MUFIN GREEN FINANCE allots NCDs to raise ₹50 crore

MUFIN GREEN FINANCE Limited has allotted 5,000 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) through a private placement. Each NCD has a face value of ₹1,00,000, bringing the total issue size to ₹50,00,00,000. The NCDs were allotted on November 26, 2025, and are scheduled to mature on December 26, 2026, indicating a tenure of 13 months.

These NCDs carry a coupon rate of 10.85% per annum, with coupon and principal payments made monthly. The company has confirmed that the NCDs will be listed on the BSE Limited. The assets securing these debentures include a hypothecation of receivables/book debts.

MUFIN GREEN FINANCE has also specified that there are no special rights or privileges attached to the instrument, nor any provisions for delay in interest or principal payments for a period exceeding three months. The company further noted that details regarding redemption of preference shares and any letters concerning non-payment issues are not applicable to this allotment.