Mufin Green Finance Share Price

Mufin Green Finance Limited was formerly incorporated as 'APM Finvest Limited' on May 13, 2016 in Rajasthan. The Company's name was changed from APM Finvest Limited to Mufin Green Finance Limited on July 15, 2022. Earlier, the Company was registered with the Reserve Bank of India as a Non-Banking Finance Company (NBFC) and is engaged in the business of Investment and Credit. Apart from this, Company is in the business of fostering the financial inclusion of unbanked and underserved customers through its various E-Vehicle Loans. Prior to Demerger, APM Industries Limited was the holding company of APM Finvest Limited since Incorporation. In 2019-20, pursuant to the order of the National Company Law Tribunal, Jaipur, the Finance and Investment Undertaking of APM Industries Limited was merged into the erstwhile APM Finvest Limited effective from April 1, 2018 through the Scheme of Arrangement. Pursuant to the Scheme of Amalgamation, the Company allotted 2,16,11,360 Equity Shares of Rs. 2/- each of the Company at par, to the shareholders of APM Finvest Limited on June 18, 2019. Pursuant to the Scheme of Demerger, APM Finvest Limited ceased to be wholly owned subsidiary of APM Industries Ltd. with effect from April 01, 2018. Hindon Mercantile Limited and Shri Kapil Garg acquired 1,46,41,486 Equity Shares, representing of 67.75% of the paid up Share Capital of the Company and resulting the acquisition, they took over the management control of the Company w.e.f March 09, 2022. The Company expanded the business into solar financing, battery leasing & e-buses in FY25. It launched 2 new business verticals-Mediclaim Premium Financing and Salary Saathi in 2026. The Company raised fresh term loans aggregating to Rs 461.50 Crores, External Commercial Borrowings aggregating to Rs 194.58 Crores, and Rs 25.17 Crores through Pass-Through Certificates (PTCs). The Company raised funds aggregating to Rs 444.40 Crores through secured Non-Convertible Debentures (NCDs) and Cash Credit and Others aggregating to Rs 66.33 Crores during the year 2026.