MAS Financial Services has raised Rs 100 crore through rated, senior, secured, listed, transferable, redeemable, principle protected market linked non- convertible debentures (NCDs) and allotted 1000 NCDs having face value of Rs 10 lakh each. The board of directors at its meeting held on November 25, 2021 has approved the same.
MAS Financial Services is engaged in the business of providing Micro Enterprise loans (MEL), Small and Medium Enterprise loans (SME), Two Wheeler loans (TW), Commercial Vehicle loans (CV) and loans to NBFCs - to create the underlying assets of MEL, SME, TW and CV.
