ALPHA TRIBE

MAS Financial Services LimitedQIP/Rights/Pref., 13-02-2025: Allotment of Securities

13-02-2025 | 11:07 am

MAS Financial Services Limited has allotted 65,000 rated, listed, senior, secured, redeemable, non-convertible debentures (Series I) and 60,000 similar debentures (Series II), each with a face value of INR 10,000, amounting to INR 65 crore (Series I) and INR 60 crore (Series II), respectively. These debentures are issued on a private placement basis and will be listed on the BSE's Wholesale Debt Market segment. The interest rate for both series is 9.60% per annum, payable monthly, with Series I maturing in February 2027 and Series II in December 2026.

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