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Mufin Green Finance Expands Capital Through Debentures and Employee Stock Options

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Mufin Green Finance Expands Capital Through Debentures and Employee Stock Options

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Mufin Green Finance Limited ( (IN:MUFIN) ) has provided an update.

Mufin Green Finance Limited announced the approval of issuing non-convertible debentures worth INR 50 crore on a private placement basis, along with the allotment of 276,251 equity shares to employees under the MGFL Employee Stock Option Plan 2023. This move increases the company’s paid-up share capital, reflecting its commitment to rewarding employees and raising funds for future growth, potentially enhancing its market position and stakeholder value.

More about Mufin Green Finance Limited

Mufin Green Finance Limited operates within the financial sector, focusing on green finance initiatives. The company is involved in providing financial services and products aimed at promoting sustainable and environmentally friendly projects.

Average Trading Volume: 82,909

Technical Sentiment Signal: Strong Buy

Current Market Cap: 19.68B INR

See more insights into MUFIN stock on TipRanks’ Stock Analysis page.

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