MUFIN NSE filing

Corrigendum to EGM Notice on November 29, 2025

The RealCase readMedium impact Neutral

Mufin Green Finance issued a corrigendum to its EGM notice for a meeting on November 29, 2025, regarding modifications in the special resolution for preferential issue of shares.

Why it matters

The corrigendum relates to modifications in a preferential allotment, which can have a moderate impact on the company's financials and shareholding.

The market read

The announcement is a corrigendum, which is a factual update. Therefore, a neutral sentiment is appropriate.

* Mufin Green Finance Limited issued a corrigendum to the EGM notice dated November 7, 2025, which is scheduled for November 29, 2025 at 11:30 A.M. (IST) via Video Conferencing/Other Audio-Visual Means (VC/OAVM). * The corrigendum addresses modifications/alterations in the Special Resolution pertaining to Item No. 02 and its Explanatory Statement, following a review of the Proposed Allottees' documents. * Key changes include modifications to the resolution for the preferential issue of equity shares to non-promoter persons. * The board approved the creation, offer, issue, and allotment of up to 3,48,40,840 fully paid-up equity shares at ₹98 per share, aggregating up to ₹341.44 crore to identified investors on a preferential basis. * Several investors have been added or deleted from the list of proposed allottees. * The relevant date for determining the floor price for the preferential issue was October 30, 2025. * The proceeds from the preferential issue will be utilized for onward lending and to discharge the purchase consideration payable to the shareholders of Bimapay Finsure Private Limited, with a tentative timeframe of within 6 months from the allotment date. * CARE Ratings Limited has been appointed as the monitoring agency for the use of issue proceeds.

Filing to action

What to do with a filing like this

Mufin Green Finance Limited filed this with the NSE as a statutory disclosure, categorised under shareholder meetings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Mufin Green Finance Limited. Read the original for the full detail.

View original filing