Mufin Green Finance Limited has informed the Exchange regarding allotment of 32583826 securities pursuant to Preferential Issue at its meeting held on March 04, 2026

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Price reactionminutes from the announcement price · days from the prior close

+2.9%Reaction day

₹105.20

prior close

₹107.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+1.9% vs market

Non Banking Financial Company (NBFC) peers, median of 204sector+0.8%+2.1% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 2.1 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-0.7

15m

-1.1

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.9+1.0+1.9+0.8+2.1

Next day

+2.2+1.0+1.3+0.3+2.0

-2.6-1.7-0.8-1.5-1.1

+1.2+0.6+0.6-0.3+1.5

+0.5+0.5-0.0-0.5+0.9

-1.1+0.2-1.3-0.9-0.2

-5.3-3.3-2.0-2.1-3.2

15d

-6.0-4.0-2.0-5.7-0.3

-4.5-0.8-3.7-3.8-0.7

+8.8+14.8-6.0+4.6+4.2

+16.0+17.9-1.9+1.6+14.3

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 204Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mufin Green Finance allotted 2.49 crore equity shares at Rs. 98 per share (face value Rs. 1, premium Rs. 97) on a preferential basis to 129 non-promoter allottees. Separately, 76.53 lakh warrants were allotted to promoter entity Hindon Mercantile Limited at the same Rs. 98 price. Allottees include institutional funds like Sageone Flagship Growth OE Fund, Cullinan Opportunities Fund, and Veloce Opportunities Fund, along with several high net worth individuals. Paid-up equity capital rises from Rs. 17.32 crore to Rs. 19.82 crore. Warrants have an 18-month exercise window, with 25% paid upfront and the remaining 75% due on conversion.

Likely market impact

Existing shareholders will see dilution of roughly 14.4% from the fresh equity issuance. If the promoter warrants are also exercised, the promoter group's stake will shift from 50.94% to 46.59% on a fully diluted basis, slightly reducing promoter control. The Rs. 244+ crore infusion (on full conversion) strengthens the company's capital base for lending or growth, though share price may come under short-term pressure from supply expansion.