MUFIN Green Finance secures ₹90 crore via private placement debentures

MUFIN Green Finance Limited announced the allotment of secured, rated, listed, redeemable, non-convertible debentures (NCDs) on a private placement basis, raising a total of ₹90 crore. The company issued 9,000 NCDs, each with a face value of ₹100,000. These debentures, allotted on December 4, 2025, will be listed on BSE Limited.

The NCDs carry a coupon rate of 11.75% per annum, with interest payments scheduled semi-annually. The instrument has a tenure of 4 years, 11 months, and 23 days, maturing on November 26, 2030. Principal redemption will occur in two tranches: 99.99% on November 26, 2028, and the remaining 0.01% on November 26, 2030.

To secure the debentures, the company has created a hypothecation of receivables/book debts over its assets. MUFIN Green Finance confirmed there are no special rights or privileges attached to the instrument. This private placement aligns with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.