Description

Listing and trading approval for 46,40,000 equity shares of MUFIN GREEN FINANCE LIMITED issued on preferential basis pursuant to conversion of warrants, effective October 13, 2025.

Summary

BSE has approved the listing and trading of 46,40,000 equity shares of MUFIN GREEN FINANCE LIMITED (Scrip Code: 542774) with effect from Monday, October 13, 2025. These shares were issued at a premium to Promoter and Non-Promoter on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in restrictions ranging from April 2026 to April 2027.

Key Points

  • Total shares listed: 46,40,000 equity shares of Rs. 1/- each
  • Issue price: Rs. 55/- per share (Rs. 1/- face value + Rs. 54/- premium)
  • Allotment basis: Preferential allotment pursuant to warrant conversion
  • Date of allotment: June 26, 2025
  • Trading commencement: October 13, 2025
  • Distinction numbers: 168315173 to 172955172
  • ISIN: INE08KJ01020
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the new securities available for trading from October 13, 2025
  • Lock-in restrictions must be observed as specified:
    • 27,50,000 shares (Dist. Nos. 168315173-171065172): Locked until April 15, 2027
    • 18,90,000 shares (Dist. Nos. 171065173-172955172): Locked until April 15, 2026

Important Dates

  • June 26, 2025: Date of allotment
  • October 10, 2025: Notice date
  • October 13, 2025: Trading commencement date
  • April 15, 2026: Lock-in expiry for 18,90,000 shares
  • April 15, 2027: Lock-in expiry for 27,50,000 shares

Impact Assessment

This listing has minimal market impact as it represents a routine preferential allotment for capital raising purposes. The shares increase MUFIN GREEN FINANCE LIMITED’s outstanding equity base by 46,40,000 shares. Lock-in restrictions ensure that a significant portion of these shares will not be available for trading until 2026-2027, limiting immediate liquidity impact. The issuance to both Promoter and Non-Promoter categories through warrant conversion indicates structured fundraising activity.

Impact Justification

Routine listing of preferential allotment shares. Limited market impact as shares have lock-in periods and represent capital raising by a single company.