MAS Financial Services Limited — QIP/Rights/Pref., 30-12-2024: Allotment of Securities

MAS Financial Services Limited has announced a board meeting concerning the allotment of 7,500 rated, listed, senior, secured, redeemable, transferable, taxable, non-convertible debentures, each with a face value of INR 1,00,000, totaling INR 75 Cr. The debentures are issued on a private placement basis and rated CARE AA-; Stable by CARE Ratings. The issue has a tenure of 24 months, with an interest rate of 9.75% per annum, payable monthly. The full principal will be redeemed at maturity on December 30, 2026.