At meeting held on 23 June 2021
The Board of MAS Financial Services at its meeting held on 23 June 2021 has approved and allotted 10,000 Rated, Senior, Secured, Listed, Transferable, Redeemable, Principal Protected Market-linked Non-Convertible Debentures of face value of Rs 10 lakh each aggregating Rs 100 crore.The allotment of 10,000 Market-linked NCDs, was inclusive of a green shoe option comprising 5000 Market-linked NCDs which was activated to retain over-subscription.
The debentures are rated 'CARE PP-MLD A+; Stable' by CARE Ratings Limited. The market-linked NCDs will be listed on the Wholesale Debt Market segment of the BSE with a tenure of 30 months from the date of allotment.
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