MAS Financial Services Allots INR 140 Crore in Senior Secured Debentures via Private Placement
MAS Financial Services Limited has successfully allotted a tranche of senior secured debentures through a private placement, raising an aggregate nominal value of INR 140,00,00,000. The instrument is a non-convertible security and has been rated "CARE AA- (Stable)" by CARE Ratings Limited.The allotment was completed on June 24, 2026. These debentures are denominated in Indian Rupees (INR), carrying a face value of INR 1,00,000 each. The company allotted 14,000 such debentures, marking the post-allotment outcome from an initial issue size that included a green shoe option.
The MAS Financial Services Limited debentures are scheduled for listing on the Wholesale Debt Market segment of BSE Limited. These senior secured notes carry a coupon rate of 8.70% per annum, payable quarterly. The tenure of the instrument spans two years, with maturity set for June 24, 2028.
Key details regarding the debt instrument are summarized below:
| Particular | Detail |
|---|---|
| Total Allotted Securities | 14,000 debentures |
| Aggregate Nominal Value | INR 140,00,00,000 |
| Issue Price per Debenture | INR 1,00,000 |
| Tenure | 24 months |
| Date of Allotment | June 24, 2026 |
| Final Redemption Date | June 24, 2028 |
| Coupon Rate | 8.70% per annum (payable quarterly) |
The debentures are secured by a first ranking exclusive and continuing charge created in favour of the Debenture Trustee. This security covers identified book debts, loan receivables, and investment receivables of MAS Financial Services Limited. The collateral value is stipulated to be at least 1.1 times the outstanding amounts of the debentures.
MAS Financial Services Limited confirmed that the debentures will be fully redeemed on a pari passu basis by making payments in accordance with the terms outlined in the Debenture Trust Deed (DTD).
MASFIN Stock Price Movement
As of 11:05 AM, shares of MAS Financial Services Limited are shedding 0.14% in live trading, currently standing at ₹310.25. The stock has seen movement during this period, with a volume of 38,150 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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