MAS Financial Services ₹100 Cr NCD Allotment

MAS Financial Services allotted 10,000 NCDs at ₹1,00,000 face value each, aggregating ₹100 crore on private placement basis on March 25, 2026.
The debentures carry an 8.60% p.a. interest rate payable monthly, with a 36-month tenure maturing on March 25, 2029.
Rated 'CARE AA-/Stable' by CARE Ratings, the NCDs are secured by hypothecation over receivables at minimum 1.10x cover and will be listed on BSE WDM.