Loan & Debt24 Sept 2026, 10:22 pm
MAS Financial Services Allots ₹175 Cr Non-Convertible Debentures
AI Summary
MAS Financial Services Limited has announced the allotment of 1,75,000 Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, aggregating to ₹175 crore. These debentures are rated 'CARE AA-/Stable' by CARE Ratings Limited and are listed on the Wholesale Debt Market segment of BSE. The issuance was made on a private placement basis, with a tenure of 24 months and an interest rate of 8.55% per annum, payable quarterly. The maturity date is set for September 24, 2028.
Key Highlights
- MAS Financial Services allotted ₹175 crore in NCDs.
- Debentures carry a 'CARE AA-/Stable' rating.
- Private placement issuance with a 24-month tenure.
- Interest rate is 8.55% per annum, payable quarterly.
- NCDs will be listed on BSE's Wholesale Debt Market.
Price Impact
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