Description
BSE announces listing of 12 lakh new equity shares of MUFIN GREEN FINANCE LIMITED effective July 28, 2025
Summary
BSE has announced the listing of 12,00,000 new equity shares of MUFIN GREEN FINANCE LIMITED (Scrip Code: 542774) effective from Monday, July 28, 2025. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at Rs. 55/- per share (Re. 1/- face value + Rs. 54/- premium).
Key Points
- 12,00,000 new equity shares of Re. 1/- each listed and permitted for trading
- Shares issued at premium of Rs. 54/- to non-promoters on preferential basis
- Result of warrant conversion with allotment date of June 3, 2025
- Issue price: Rs. 55/- per share
- New shares rank pari-passu with existing equity shares
- ISIN: INE08KJ01020
Regulatory Changes
No regulatory framework changes. Standard listing procedure for new securities following warrant conversion.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in restrictions apply to all 12,00,000 shares until January 31, 2026
- Shares assigned distinctive numbers 163490173 to 164690172
Important Dates
- Allotment Date: June 3, 2025
- Trading Commencement: July 28, 2025
- Lock-in Period Ends: January 31, 2026
Impact Assessment
The listing increases MUFIN GREEN FINANCE LIMITED’s equity base by 12 lakh shares, representing potential dilution for existing shareholders. The 18-month lock-in period until January 2026 prevents immediate selling pressure. The warrant conversion indicates successful fundraising completion and provides additional capital for the company’s operations. Market impact expected to be moderate given the preferential allotment nature and lock-in restrictions.
Impact Justification
Routine listing of new shares from warrant conversion with lock-in period, affects existing shareholders through dilution