Description
BSE announces listing of new debt securities by MAS Financial Services Limited on private placement basis with 9.75% interest rate.
Summary
BSE has listed new debt securities of MAS Financial Services Limited issued on private placement basis, effective July 31, 2025. The securities carry a 9.75% annual interest rate and mature on June 15, 2027.
Key Points
- Quantity: 20,000 securities listed
- Face Value: ₹1,00,000 per security
- Interest Rate: 9.75% per annum (paid annually)
- Credit Rating: CARE AA- STABLE
- Scrip Code: 976969
- ISIN: INE348L07324
- Market Lot: 1 security
- Tick Size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading members can contact debt department for clarifications
- Placement Memorandum available on BSE website for detailed terms
Important Dates
- Date of Allotment: July 30, 2025
- Listing Date: July 31, 2025
- Redemption Date: June 15, 2027
- Interest Payment: Annually
Impact Assessment
Minimal market impact as this is a routine private placement listing. The securities provide institutional investors with a AA- rated investment option with competitive 9.75% yield over a 2-year tenure.
Impact Justification
Routine debt security listing with standard terms and limited market impact