MAS Financial Services has raised Rs 100 crore through allotment of 10,000 rated, listed, senior, secured, redeemable, transferable, taxable, non-convertible debentures (NCDs) denominated in Indian Rupees, each having a face value of Rs 1,00,000 on a private placement basis. The maturity of said NCDs will be on December 6, 2025.
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.