MAS Financial Services Allots ₹140 Cr Non-Convertible Debentures

MAS Financial Services Limited has announced the allotment of 14,000 Non-Convertible Debentures (NCDs) with an aggregate nominal value of ₹140 crore. These debentures are rated 'CARE AA- (Stable)' by CARE Ratings Limited and were issued on a private placement basis. The face value of each debenture is ₹1,00,000. This issuance is part of the company's strategy to raise capital and will be listed on the Wholesale Debt Market segment of BSE Limited. The Finance Committee of the Board of Directors approved the allotment.