Mufin Green Finance Limited’s Management Committee has approved raising ₹100 crore through listed, secured, non-convertible debentures on a private placement basis. The move aims to fund business expansion, refinance debt, and reinforce the company’s sustainable financing portfolio, with the NCDs slated for market listing.
In a strategic move to strengthen its funding base, Mufin Green Finance Limited has announced that its Management Committee has approved the issuance of listed, secured, non-convertible debentures (NCDs) worth up to ₹100 crore on a private placement basis. The decision was finalized during the committee’s meeting held on Tuesday, December 16, 2025.
The listed debentures—structured as secured instruments—are designed to attract institutional and high-net-worth investors looking for stable, fixed-income opportunities while supporting the company’s rapid growth in the green finance sector.
Mufin Green Finance, a leading NBFC focused on sustainable mobility and clean energy financing, continues to leverage debt instruments to diversify its capital structure and fund green asset expansion across India.
Notable Updates
-
Issuance size: Up to ₹100 crore through secured, non-convertible debentures.
-
Mode: Private placement to select investors.
-
Listing: The debentures will be listed instruments, enhancing market transparency and investor accessibility.
-
Objective: To fund business growth, refinance existing debt, and support sustainable project financing.
-
Governance: The approval was granted by the company’s Management Committee on December 16, 2025.
Major Takeaways
-
The move aligns with Mufin Green Finance’s long-term strategy to scale its green mobility and energy lending portfolio.
-
The NCD issuance reflects investor confidence in India’s evolving green financing ecosystem.
-
Listing the NCDs may strengthen liquidity and enhance the company’s market standing among peers in the NBFC sector.
Sources: NSE Corporate Filings, BSE Corporate Announcements.