MUFINNSEMufin Green Finance LimitedMediumNeutral
Announced Wed, 26 Nov · 12:55 IST

Mufin Green Finance Limited has informed the Exchange regarding allotment of 5000 securities pursuant to Non Convertible Securities at its meeting held on 0 ,

Fund Raising View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mufin Green Finance Limited has informed the stock exchange about the allotment of 5,000 Non-Convertible Securities (NCDs) at a board meeting. NCDs are debt instruments that cannot be converted into equity shares. No additional details regarding the coupon rate, tenure, or issue price were provided in the filing.

Likely market impact

The allotment represents a small debt raise (5,000 securities) through non-convertible debentures, which will increase the company's borrowings without any equity dilution for existing shareholders.