Loan & Debt7 Aug 2026, 05:11 pm
Mufin Green Finance Allots ₹50 Cr Debentures
AI Summary
Mufin Green Finance Ltd has announced the allotment of 50,000 Secured Redeemable Non-Convertible Debentures, each with a face value of INR 10,000, on a private placement basis. The total issue size amounts to INR 50 Crore. These debentures carry a coupon rate of 11.00% per annum, payable monthly, with principal repayment scheduled in the 14th and 15th months from the allotment date. The debentures are secured by hypothecation of receivables/book debts and are listed on BSE Limited. The allotment date was August 7, 2026, and the maturity date is November 7, 2027.
Key Highlights
- Mufin Green Finance allotted ₹50 Cr in NCDs via private placement.
- Debentures are secured, redeemable, and listed on BSE.
- Coupon rate is 11.00% per annum, paid monthly.
- Principal repayment in 14th and 15th months.
- Security is via hypothecation of receivables/book debts.
Price Impact
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