Kapil Garg has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Promoter Kapil Garg, on behalf of all promoters of Mufin Green Finance Limited, has submitted a negative disclosure confirming that no encumbrance (pledge) was created over the promoters' shareholding in the company during the financial year ended March 31, 2026. This is a routine regulatory filing under SEBI's takeover regulations that requires promoters to disclose any share pledging activity. The disclosure explicitly states there was no direct or indirect encumbrance on the promoters' shares during the reported period.
A clean pledge disclosure is a mildly positive signal for investors, indicating promoters have not leveraged their shares and do not face immediate margin call risks. This suggests financial stability among the promoter group.