MAS Financial Services Allots ₹150 Cr Non-Convertible Debentures

MAS Financial Services Limited has announced the allotment of 15,000 Non-Convertible Debentures (NCDs) with an aggregate nominal value of ₹150 crore. These debentures are rated 'ACUITE AA (Stable)' by Acuité Ratings & Research Limited. The allotment was made on a private placement basis following a meeting of the company's Finance Committee. The debentures have a face value of ₹1,00,000 each, are senior, secured, redeemable, transferable, and taxable. They are proposed to be listed on the Wholesale Debt Market segment of BSE Limited and have a maturity date of June 30, 2030, with a tenure of 48 months from the allotment date of June 30, 2026.