Mufin Green Finance Ltd to raise Rs. 17.50 crore through NCDs

The Board of Directors of Mufin Green Finance Limited, in its meeting held today i.e. Friday, December 8, 2023, has, considered and approved the terms and conditions for issuance of 1,750 (one thousand seven hundred fifty) unlisted, secured, senior, redeemable, taxable, transferable, non-convertible debentures denominated in Indian Rupees ("INR"), having a face value of INR 100,000 (Indian Rupees One Lakh) each and an aggregate face value of INR 17,50,00,000 (Indian Rupees Seventeen Crore and Fifty Lakh) ("Debentures") on a private placement basis.

The Coupon/Interest offered is 13.00% (thirteen percent) per annum (fixed), payable monthly ("Interest Rate").

Source : Equity Bulls

Keywords

MufinGreenFinance NCDs FundRaising