Mufin Green Finance Approves ₹500 Million Debenture Issue To Strengthen Capital Base

Mufin Green Finance Ltd, a prominent non-banking financial company (NBFC) specializing in green and sustainable financing, has announced board approval for the issuance of debentures totaling ₹500 million. The fundraising initiative is designed to provide long-term capital support, improve balance sheet strength, and enable the company to scale its lending operations in renewable energy and clean mobility sectors.  

The issuance of debentures comes at a time when demand for sustainable financing is accelerating, driven by India’s ambitious renewable energy targets and the government’s push for electric mobility. Mufin Green Finance has been actively expanding its portfolio to include financing solutions for solar projects, EV infrastructure, and other clean energy initiatives.  

Key highlights from the announcement include  

• The board has approved issuance of debentures worth ₹500 million to strengthen capital adequacy and liquidity.  
• Funds raised will be deployed toward expanding lending operations in renewable energy, EV charging, and clean mobility projects.  
• The move aligns with India’s broader climate goals and supports the transition to a low-carbon economy.  
• Debenture issuance provides a cost-effective fundraising route compared to equity dilution, ensuring shareholder value preservation.  
• Mufin Green Finance continues to diversify its funding sources to support long-term growth and reduce reliance on traditional bank borrowings.  
• The company has reiterated its commitment to sustainable finance, positioning itself as a key enabler of India’s green infrastructure expansion.  
• Industry experts note that NBFCs like Mufin Green Finance play a critical role in bridging financing gaps for renewable projects, particularly in underserved segments.  
• The debenture issue is expected to be completed in the coming months, subject to regulatory and investor approvals.  

Sources: Reuters, Mufin Green Finance Ltd Exchange Filings, Business Standard.