Mufin Green Finance Approves Issuance of NCDs Worth ₹125 Crore
Mufin Green Finance will issue listed, secured, non-convertible debentures worth ₹50 crore and ₹75 crore, totaling ₹125 crore. The issuances include Green Shoe Options of ₹25 crore each. The NCDs will have a 15-month tenure with coupon rates of 11% and 10.85%, respectively. The debentures will be listed on BSE.
The fundraising of ₹125 crore through NCDs is a significant amount for the company, which can impact its financial structure and future growth plans, but it is not a direct operational or strategic shift.
The company's decision to issue non-convertible debentures indicates a fundraising activity, which can be seen as positive for business growth and expansion.
Mufin Green Finance Limited announced the outcome of its Management Committee meeting held on July 31, 2026. The committee approved the issuance of listed, secured, non-convertible debentures (NCDs) on a private placement basis.
Under the first approval, NCDs aggregating up to ₹50 crore (₹50,00,00,000) will be issued, which includes a Green Shoe Option of ₹25 crore (₹25,00,00,000). These NCDs will have a tenure of 15 months from the date of allotment and will carry a coupon rate of 11%, with monthly interest payments. The debentures will be secured by a first and exclusive charge on identified receivables.
The second approval is for the issuance of NCDs aggregating up to ₹75 crore (₹75,00,00,000), also including a Green Shoe Option of ₹25 crore (₹25,00,00,000). These NCDs will also have a tenure of 15 months from the date of allotment and will carry a coupon rate of 10.85%. Interest payments for this issuance will commence from the 12th month after the allotment date. These debentures will also be secured by a first and exclusive charge on identified receivables.
Both series of NCDs are proposed to be listed on the BSE Limited. The meeting commenced at 3:00 p.m. and concluded at 3:30 p.m.
What to do with a filing like this
Mufin Green Finance Limited filed this with the NSE as a statutory disclosure, categorised under debt fundraising. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Mufin Green Finance Limited. Read the original for the full detail.