|
The Board of MAS Financial Services at its meeting held on 23 June 2021 has approved and allotted 10,000 Rated, Senior, Secured, Listed,
Transferable, Redeemable, Principal Protected Market-linked Non-Convertible Debentures of face value of Rs 10 lakh each aggregating Rs 100 crore.
The allotment of 10,000 Market-linked NCDs, was inclusive of a green shoe option comprising 5000 Market-linked NCDs which was activated to retain over-subscription.
The debentures are rated 'CARE PP-MLD A+; Stable' by CARE Ratings Limited. The market-linked NCDs will be listed on the Wholesale Debt Market segment of the BSE with a tenure of 30 months from the date of allotment.
|