MAS Financial Services Ltd Share Price – NSE /  BSE

Finance, Small Cap

MAS Financial Services has allotted 25,000 rated, listed, senior, secured, redeemable, transferable, taxable, non-convertible debentures denominated in Indian Rupees, having a face value of Rs 1,00,000 each and an aggregate nominal value of Rs 250 crore on a private placement basis.

MAS Financial Services has allotted 15,000 rated, listed, senior, secured, redeemable, transferable, taxable, non-convertible debentures denominated in Indian Rupees, having a face value of Rs 1,00,000 each and an aggregate nominal value of Rs 150 crore on a private placement basis.

MAS Financial Services has allotted 36,000 senior, secured, rated, listed, redeemable, transferable, non-convertible debentures denominated in Indian Rupees (INR), having a face value of Rs 1,00,000 each and the aggregate nominal value of Rs 360 crore on a private placement basis to Nederlandse Financierings Maatschappij voor Ontwikkelingslanden N.V. (FMO).

MAS Financial Services announced the appointment of Dhvanil Gandhi (DIN: 10562922) as the Executive Director of its subsidiary company MAS Rural Housing & Mortgage Finance (MRHMFL).

Dhvanil Gandhi brings over a decade of experience with MAS Financial Services, where he has played a key role in strengthening the SME lending business across India. He is also driving initiatives in the insurance vertical and has been instrumental in obtaining the insurance broking licence, expanding the company's ability to serve a wider customer base and support insurance penetration. He is actively involved in investor relations and contributes significantly to the company's technology-led initiatives.

He holds a bachelor's degree in business administration from Ahmedabad University and a postgraduate degree from Indian School of Business (ISB), Hyderabad. He has also participated in executive programmes at Kellogg School of Management, IE Business School, London School of Economics and Political Science and National University of Singapore.