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MAS Financial Services raises Rs 25 crore through NCDs
Oct-01-2022

MAS Financial Services has raised Rs 25 crore through unlisted, subordinated, unsecured, redeemable, non-convertible debentures (NCDs) and allotted 250 NCDs having face value of Rs 10 lakh on private placement basis. The board of directors at its meeting held on September 29, 2022 has 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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