MAS Financial Services has raised Rs 100 crore through rated, senior, secured, listed, transferable, redeemable, principal protected market linked non-convertible debentures (NCDs). The company has allotted 1000 NCDs having a face value of 10 lakh on a private placement basis. The board of directors at its meeting held on June 06, 2022 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.
