* The Board of Directors of Mufin Green Finance Limited, in its meeting held on November 6, 2025, approved several key corporate actions. * The company entered into definitive agreements on November 6, 2025, for the acquisition of a 19.16% equity stake in Bimapay Finsure Private Limited. The purchase consideration of ₹41.32 crore (Forty One Crore Thirty Two Lakh Seventy Two Thousand Six Hundred Nine and Twenty Paise) will be paid via an equity share swap. Bimapay Finsure Private Limited, incorporated on April 8, 2022, is an Information Technology (IT) and Information Technology Enabled Services (ITES) company, serving as a fintech partner to Mufin Green Finance. This acquisition is subject to customary conditions, regulatory approvals, and shareholder consent, and is expected to be completed within the next 3-4 months. * The Board approved a preferential issue of up to 3,48,40,840 equity shares at a price of ₹98 each, aggregating up to ₹341.44 crore (Three Hundred Forty One Crore Forty Four Lakh Two Thousand Three Hundred Twenty) to certain non-promoter group persons. * Additionally, the Board approved a preferential issue of up to 76,53,061 warrants, each convertible into one equity share within 18 months, at a price of ₹98 each. This aggregates up to ₹74.99 crore (Seventy Four Crore Ninety Nine Lakh Ninety Nine Thousand Nine Hundred Seventy Eight) and will be issued to Hindon Mercantile Limited, a promoter. * The company also approved the issuance of listed, secured, non-convertible debentures on a private placement basis for an aggregate amount up to ₹90 crore (Ninety Crore). * An amendment to the Main Object Clause of the Memorandum of Association was approved, inserting new clauses for Full Fledged Money Changer and Authorized Dealer Category-II business, subject to shareholder and regulatory approvals. * An Extra-ordinary General Meeting (EGM) of the members has been approved to be held on Saturday, November 29, 2025, through video conferencing/audio-visual means to seek consent for these proposals. The cut-off date for determining eligible members for remote e-voting at the EGM is Thursday, November 6, 2025.
