Tata Mutual Fund acquired 33 lakh shares of Mufin Green Finance for approximately ₹37.37 crore at ₹113.23 per share, representing a 1.67% stake.
A non-banking financial company registered with the Reserve Bank of India, Mufin Green operates as an investment and lending platform serving diverse financial needs. The company provides loans of various types while actively investing in shares, stocks, and securities across markets. Incorporated in May 2016, it functions as a non-deposit taking NBFC focused on delivering comprehensive financial solutions and expanding access to credit and investment opportunities.
AMC subsidiary of the Tata Group, India's most diversified conglomerate. Manages over Rs 1.8 lakh crore with a wide range of equity, debt and hybrid schemes. Part of the broader Tata Capital financial services ecosystem. Tata Small Cap Fund and Tata Digital India Fund have been among the most popular thematic and segment-specific equity offerings.
