Mas Financial Services Limited (INE348L07092)

Mas Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE348L07092, with a face value of ₹10,00,000 rs on 17Sep21 to raise 100 crores. The debt instrument is issued with a coupon rate of GSEC LINKED and its interest is paid on Maturity. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is GSEC LINKED SECURED RATED LISTED MARKET LINKED PRINCIPAL PROTECTED NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT.SERIES PPMLD 02/2021-22.DATE OF MATURITY 18/09/2023. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 22Sep21. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 17Sep21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.