Mufin Green Finance Limited has informed the Exchange regarding allotment of 100000 Non Convertible Debentures pursuant to Non Convertible Securities at its meeting held on February 11, 2026
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Mufin Green Finance Limited has allotted 100,000 Non-Convertible Debentures (NCDs) pursuant to non-convertible securities at its board meeting held on February 11, 2026. NCDs are debt instruments that pay a fixed interest (coupon) and cannot be converted into equity shares. The announcement does not disclose the face value per NCD, total issue size, coupon rate, or the purpose of the fundraising. This is part of the company's broader debt issuance program under non-convertible securities.
This signals fresh debt fundraising by the company, which will increase its interest obligations but does not dilute shareholder equity. Retail investors should watch for follow-up filings disclosing the coupon rate, total amount raised, and end-use of funds, as these will determine the true cost and impact of this borrowing.