Mufin Green Finance Allots ₹100 Cr Non-Convertible Debentures

Mufin Green Finance Ltd has announced the allotment of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) through private placement. The company issued 1,00,000 NCDs with a face value of INR 10,000 each, aggregating to INR 100 crore. These NCDs have a tenure of 15 months and 3 days, with a coupon rate of 11.00% per annum, payable in installments. The principal will be repaid in four equal tranches starting June 12, 2027, with the final payment on August 12, 2027. The NCDs are secured by hypothecation of receivables/book debts and will be listed on BSE Limited.