MAS Financial Services Limited — QIP/Rights/Pref., 28-11-2024: Allotment of Securities

The Finance Committee of MAS Financial Services Limited has allotted 10,000 rated, listed, senior secured redeemable non-convertible debentures, each with a face value of INR 1,00,000, totaling INR 100 crore. The debentures are issued on a private placement basis and will mature on May 28, 2026, with an interest rate of 8.45% per annum, payable monthly. The debentures are secured by first-ranking hypothecation over identified book debts/loan receivables and have been rated "CARE AA-; Stable" by CARE Ratings Limited.