Description

Listing and trading permission for 36,25,000 equity shares of MUFIN GREEN FINANCE LIMITED issued on preferential basis pursuant to conversion of warrants, effective September 8, 2025.

Summary

BSE has approved the listing of 36,25,000 equity shares of Re. 1/- each of MUFIN GREEN FINANCE LIMITED (Scrip Code: 542774) issued on a preferential basis to Promoters and Non-Promoters pursuant to conversion of warrants. The shares will be available for trading from Monday, September 8, 2025. The shares were allotted at a premium of Rs. 54/- (total issue price Rs. 55/-) and rank pari-passu with existing equity shares. Different tranches of shares are subject to lock-in periods until March 2026 and March 2027.

Key Points

  • 36,25,000 equity shares of Re. 1/- each issued at premium of Rs. 54/- (total Rs. 55/-)
  • Shares issued to Promoters and Non-Promoters on preferential basis
  • Issuance pursuant to conversion of warrants
  • Distribution Numbers: 164690173 to 168315172
  • Date of Allotment: June 20, 2025
  • Trading commences: September 8, 2025
  • ISIN: INE08KJ01020
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following preferential allotment norms.

Compliance Requirements

Trading members must note the following lock-in restrictions:

  • 22,00,000 shares (Dist. Nos. 164690173-166890172) locked-in until March 31, 2027
  • 14,25,000 shares (Dist. Nos. 166890173-168315172) locked-in until March 15, 2026

Members must ensure compliance with lock-in provisions during trading.

Important Dates

  • Allotment Date: June 20, 2025
  • Trading Commencement: September 8, 2025
  • Lock-in Expiry (Tranche 1): March 15, 2026 (14,25,000 shares)
  • Lock-in Expiry (Tranche 2): March 31, 2027 (22,00,000 shares)

Impact Assessment

Limited market impact expected as this is a routine preferential allotment listing. The lock-in periods (ranging from approximately 6 months to 18 months from trading commencement) will restrict immediate supply. The conversion of warrants to equity increases the paid-up capital of MUFIN GREEN FINANCE LIMITED. Trading members should be aware of the lock-in restrictions when processing orders for these securities.

Impact Justification

Routine listing notice for preferential allotment shares post warrant conversion. Limited market impact given the lock-in periods and company-specific nature.