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MAS Financial Services raises Rs 100 crore through NCDs
Jun-24-2021

MAS Financial Services has raised Rs 100 crore through Rated, Senior, Secured, Listed, Transferable, Redeemable, Principal Protected Market-linked Non-convertible debentures (NCDs) and allotted 10,000 NCDs having face value of Rs 100,000 each on private placement basis. The Board of Directors of the company at its meeting held on June 23, 2021 approved and 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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