Archive · 5 Jun 2025
Mufin Green NBFC Stock Rises After Warrant Conversion
Imagine a company, Mufin Green, that lets people borrow money.
They recently got some extra money by turning special papers called warrants into regular company shares.
This happened in Mumbai.
This means the company has more money to use.
They turned 12 lakh warrants into new shares, getting about 5 crore rupees.
The people who held the warrants got shares in the company instead.
The company's stock price went up a little bit as a result.
Overall, the company now has more money, and more people own shares of it.
The stock market itself was doing well that day.
Mufin Green NBFC shares gained after converting warrants into equity.
The company received Rs 4.95 crore through the conversion of 12 lakh warrants.
The conversion price was Rs 41.24 per warrant.
The company's issued and paid-up capital increased to Rs 16.46 crore.
The stock has given a multibagger return of 3,532 percent in five years.
- Who
- Mufin Green
- What
- Conversion of warrants into equities
- When
- Early trade on Wednesday
- Where
- Mumbai
- Why
- Equity infusion and increase in paid-up capital
- Company
- Mufin Green
- Action
- Conversion of warrants into equity
- Amount Raised
- Rs 4.95 crore
- Share Price (Opening)
- Rs 77.44
- 52-Week High
- Rs 141.60
- 52-Week Low
- Rs 63.66
- Market Cap
- Rs 1,264 crore