Mufin Green Finance gains on securing approval to raise funds up to Rs 15 crore
Mufin Green Finance is currently trading at Rs. 121.40, up by 0.65 points or 0.54% from its previous closing of Rs. 120.75 on the BSE.
The scrip opened at Rs. 120.70 and has touched a high and low of Rs. 122.70 and Rs. 120.05 respectively. So far 14027 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 273.10 on 08-Feb-2024 and a 52 week low of Rs. 90.40 on 25-Oct-2024.
Last one week high and low of the scrip stood at Rs. 128.75 and Rs. 112.70 respectively. The current market cap of the company is Rs. 1993.12 crore.
The promoters holding in the company stood at 54.51%, while Institutions and Non-Institutions held 13.42% and 32.06% respectively.
Mufin Green Finance has received an approval for raising of funds through issue of rated, unlisted, secured, senior, redeemable, taxable, transferable, non-convertible debentures denominated in Indian Rupees through private placement basis for amount up to Rs 15,00,00,000 in accordance with the relevant provisions of applicable law and subject to approval of the applicable regulatory authorities.
The Committee of the Board of Directors of the Company at its meeting held on November 29, 2024, has considered and approved the same.
Mufin Green Finance is engaged in the business of Finance and Investments.
