Mufin Green Finance Ltd., a pioneer in climate financing solutions, has announced that its board will meet on September 28, 2023 to consider raising of funds.
The company further said that the board will consider the proposal for raising of funds by way of issue of one or more of instruments comprising of equity shares, convertible securities of any other description or warrants or debt securities, through Private Placement/Preferential Issue/Qualified Institutions Placement or such other methods or combinations thereof as may be decided by the Board, subject to such statutory/regulatory approvals as may be necessary, including the approval of the Shareholders of the Company, wherever required.
Mufin Green Finance Ltd stands at the forefront of climate financing solutions in India, with a dedicated focus on steering the nation towards a greener and more sustainable future. Recognized as a pioneer in the field, the company is steadfast in its commitment to catalyzing the electric vehicle (EV) ecosystem, thereby fostering income generation through Electric Vehicles, Electric Charging Infrastructure, and Swappable Batteries.
The organization’s mission transcends mere environmental transformation, encompassing a broader vision of effecting positive social change within India. This mission is underpinned by a dual commitment to both financial inclusion and climate sustainability. Climate sustainability is not simply an activity for Mufin Green Finance Ltd. – it’s a way of life combining economic growth with environmental responsibility.
Mufin Green Finance Ltd has disbursed more than 350 crores towards electric vehicles, making a significant impact on the nation’s carbon footprint. In addition to fostering financial inclusion, its initiatives have created a variety of avenues for generating income and empowering women across the nation. In order to achieve genuine progress, the organization holds that ecological and social well-being must be harmoniously balanced. It serves as an advocate for the cause of climate finance, playing a leading role in a revolution that promises to revitalize India environmentally, economically, and socially.