Description

46,40,000 equity shares of MUFIN GREEN FINANCE LIMITED listed on BSE with effect from October 13, 2025, issued on preferential basis pursuant to warrant conversion.

Summary

BSE has listed 46,40,000 new equity shares of MUFIN GREEN FINANCE LIMITED (Scrip Code: 542774) with effect from Monday, October 13, 2025. These shares were issued at a premium of Rs. 54/- (total issue price Rs. 55/-) to Promoter and Non-Promoter on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in periods ending in 2026 and 2027.

Key Points

  • Number of Shares: 46,40,000 equity shares of Rs. 1/- each
  • Issue Price: Rs. 55/- per share (Rs. 1/- face value + Rs. 54/- premium)
  • Allotment Date: June 26, 2025
  • Trading Start Date: October 13, 2025
  • ISIN: INE08KJ01020
  • Distinctive Numbers: 168315173 to 172955172
  • Ranking: Pari-passu with existing equity shares
  • Basis: Preferential issue pursuant to warrant conversion

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

Trading members are informed to note the listing of these new securities for trading purposes. The lock-in restrictions must be observed as per the specified schedule.

Important Dates

  • Allotment Date: June 26, 2025
  • Listing/Trading Start Date: October 13, 2025
  • Lock-in Expiry (Partial - 1,890,000 shares): April 15, 2026
  • Lock-in Expiry (Partial - 2,750,000 shares): April 15, 2027

Lock-in Details

  • 2,750,000 shares (Dist. Nos. 168315173-171065172): Lock-in until April 15, 2027
  • 1,890,000 shares (Dist. Nos. 171065173-172955172): Lock-in until April 15, 2026

Impact Assessment

Market Impact: Minimal. This is a routine listing of preferential shares resulting from warrant conversion. The shares carry lock-in periods ranging from approximately 6 months to 18 months, limiting immediate supply in the market.

Operational Impact: Trading members should update their systems to reflect the increased share capital of MUFIN GREEN FINANCE LIMITED. The new shares will trade under the existing scrip code 542774 and ISIN INE08KJ01020.

Impact Justification

Routine listing of preferential shares from warrant conversion with no immediate trading impact for general market participants.