MAS Financial Services gains on raising Rs 140 crore through NCDs
MAS Financial Services is currently trading at Rs. 313.10, up by 2.10 points or 0.68% from its previous closing of Rs. 311.00 on the BSE.
The scrip opened at Rs. 307.60 and has touched a high and low of Rs. 314.55 and Rs. 307.60 respectively. So far 981 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 358.40 on 04-May-2026 and a 52 week low of Rs. 276.00 on 02-Apr-2026.
Last one week high and low of the scrip stood at Rs. 323.90 and Rs. 307.60 respectively. The current market cap of the company is Rs. 5700.36 crore.
The promoters holding in the company stood at 66.65%, while Institutions and Non-Institutions held 23.50% and 9.85% respectively.
MAS Financial Services has raised Rs 140 crore through allotment of non-convertible debentures (NCDs) on a private placement basis. The Finance Committee of the Board of Directors of the company has allotted 14,000 rated, listed, senior, secured, redeemable, transferable, taxable, NCDs having a face value of Rs 1,00,000 each. The NCDs carry a coupon rate of 8.70% per annum payable quarterly and have a tenure of 24 months from the Deemed Date of Allotment. The Deemed Date of Allotment is June 24, 2026.
