MAS Financial subsidiary redeems ₹3.33 Cr OCPS

MAS Financial Services Limited's subsidiary, MAS Rural Housing and Mortgage Finance Limited (MRHMFL), has partially redeemed 33,33,330 Optionally Convertible Preference Shares (OCPS) amounting to ₹3,33,33,333. This redemption is in line with the terms of the investment made by MAS Financial Services Limited (MFSL) in its subsidiary. The partial redemption will not affect MRHMFL's equity shareholding pattern, and MFSL will maintain its existing equity stake. This action is a part of the ongoing financial management and operational activities within the group.