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MAS Financial Services raises Rs 100 crore through NCDs

30 Dec 2025 Evaluate

MAS Financial Services has raised Rs 100 crore through the allotment of 10,000 rated, listed, senior, secured, redeemable, transferable, taxable, non-convertible debentures (NCDs) denominated in Indian Rupees (INR), having a face value of Rs 1,00,000 each on a private placement basis. Further, the Debentures have been rated ‘CARE AA-/Stable’ by CARE Ratings. The Finance Committee of the Board of Directors of the company at their meeting held on December 30, 2025, has, inter-alia allotted 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.


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