MAS Financial Board Approves FY26 Results, 0.75 Dividend, 15,000 Cr Borrowing Limit

The Board of Directors of MAS Financial Services Ltd, in its meeting on April 29, 2026, approved the audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026. A final dividend of 0.75 per equity share (7.5%) was recommended, subject to shareholder approval. The Board also approved a significant increase in borrowing powers under Section 180(1)(c) to 15,000 Crore and enhanced the limit for creating charges on assets. Furthermore, the issuance of Non-Convertible Debentures (NCDs) up to 3,000 Crore and Commercial Papers (CPs) up to 1,000 Crore via private placement was approved. Amendments to various company policies, including the Code for Fair Disclosure of Unpublished Price Sensitive Information, were also sanctioned. The continuation of the Corporate Advisory Committee for FY27 was considered and its scope finalized.