MAS Financial: Board approves ₹15,000 Cr borrowing, ₹3,000 Cr NCDs, ₹1,000 Cr CPs

MAS Financial Services Ltd's Board of Directors, in a meeting held on April 29, 2026, approved the audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board recommended a final dividend of ₹0.75 per equity share (7.5%). Key approvals include increasing borrowing powers under Section 180(1)(c) of the Companies Act, 2013, up to ₹15,000 Crore, subject to shareholder approval. The Board also approved enhancing its power to create charges on company assets under Section 180(1)(a), also subject to shareholder approval. Furthermore, the Board approved borrowing funds through the issuance of Non-Convertible Debentures (NCDs) up to ₹3,000 Crore and Commercial Papers (CPs) up to ₹1,000 Crore, in one or more tranches via private placement. The Finance Committee has been authorized to determine the terms and conditions for these issuances. Other decisions included the continuation of the Corporate Advisory Committee for FY26-27 and amendments to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.