Loan & Debt22 May 2026, 06:31 pm
MAS Financial Services Raises ₹360 Cr via NCD from FMO
AI Summary
MAS Financial Services Ltd has raised ₹360 Crore through the issuance of Senior Secured, Listed Non-Convertible Debentures (NCDs) to FMO, the Dutch Entrepreneurial Development Bank. The NCDs are listed on BSE and have a tenure of five years. The funds will be allocated towards women-owned/led SMEs, youth-owned/led SMEs, and/or Rural SMEs. This investment marks a renewed partnership with FMO, following their equity investment in 2008.
Key Highlights
- MAS Financial Services raises ₹360 Crore through NCDs from FMO.
- The NCDs are listed on BSE with a five-year tenure.
- Funds to be allocated towards women, youth, and rural SMEs.
- This marks FMO's second investment in MAS Financial Services, after their initial equity investment in 2008.
- MAS aims for sustainable growth of 20%-25% with a focus on risk management and profitability.
Price Impact
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