MAS Financial Services Limited has announced that Wednesday, August 26, 2026, will serve as the record date for determining shareholder eligibility for a proposed final dividend of ₹0.75 per equity share and participation in its 31st Annual General Meeting (AGM). The company’s register of members and share transfer books will remain closed from Thursday, August 27, 2026, to Wednesday, September 2, 2026, to facilitate this process. Shareholders holding equity shares as of the close of business on the record date are entitled to receive the dividend, subject to approval by members at the AGM scheduled for September 2, 2026.

The dividend payment is contingent upon member approval during the AGM. The meeting will be conducted exclusively through Video Conferencing or Other Audio Visual Means (VC/OAVM), in compliance with Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024, issued by the Securities and Exchange Board of India (SEBI), and Ministry of Corporate Affairs (MCA) General Circular No. 3/2025 dated September 22, 2025. These regulations permit companies to hold general meetings without physical presence. The intimation was signed by Riddhi Bhayani, Company Secretary and Chief Compliance Officer, on July 29, 2026.

Key Dates and Details

During the book closure period, no transfers or other transactions in the company’s equity shares will be registered, as mandated under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. For shareholders opting for remote e-voting, the eligibility cut-off remains August 26, 2026. Investors must ensure their holdings are correctly reflected in their demat accounts or physical folios by this date to participate electronically.

Virtual Meeting and Voting Procedures

Members can attend and participate in the AGM exclusively through the VC/OAVM facility. Those attending virtually will be counted toward the quorum as per Section 103 of the Companies Act, 2013. The company provides remote e-voting facilities to all members to cast votes on resolutions set out in the AGM notice. Additionally, voting during the AGM via an e-voting system is available. Detailed procedures for both remote and live e-voting are provided in the AGM notice.

The Notice of AGM and Annual Report for FY26 will be sent electronically only to members with registered email addresses. Members without registered emails will receive a letter containing a web-link to access these documents, pursuant to Regulation 36(1)(b) of the SEBI LODR Regulations. The documents are also available on the company’s website, stock exchange portals, and the Central Depository Services (India) Limited (CDSL) website at www.evotingindia.com .

Shareholders who have not registered their email addresses are advised to do so immediately. Physical folio holders should email their Folio No. and name to riddhi_bhayani@mas.co.in , while demat holders may contact their Depository Participant or email the same address.

MAS Financial Services has completed the allotment of ₹150 crore worth of non-convertible debentures (NCDs) on a private placement basis, securing long-term funding at a 9% per annum coupon rate. The Finance Committee of the Board of Directors approved the allotment on July 27, 2026, finalizing an issuance that strengthens the company’s debt capacity while maintaining a stable credit profile, evidenced by a CARE AA- rating from CARE Ratings Limited.

The issuance complies with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Chapter V and Annexure 18 of the SEBI LODR Master Circular dated January 30, 2026. The Board of Directors had initially approved the issue in its meeting on April 29, 2026. This capital raise provides the company with efficient, non-dilutive financing suitable for its operational and growth needs.

The NCDs are rated, listed, senior, secured, redeemable, transferable, and taxable. Each debenture has a face value of ₹10,000, resulting in a total issuance of 1,50,000 units with an aggregate nominal value of ₹150 crore. These instruments are proposed to be listed on the Wholesale Debt Market segment of BSE Limited, enhancing liquidity and transparency for investors.

The tenure of the instrument is 28 months and 21 days from the deemed date of allotment, with a final redemption date set for December 18, 2028. Interest is payable monthly, offering steady income to investors while creating regular cash flow obligations for the company. The principal amount will be repaid on the final redemption date. In the event of a payment default exceeding three months, additional interest at 2% per annum over the prevailing interest rate will be charged on the defaulted amounts until the default is cured or the debentures are redeemed.

Security and Risk Mitigation

The debentures are secured by a first-ranking exclusive and continuing charge over certain identified book debts and receivables of the company, including loan receivables and receivables from investment proceeds. This hypothecation ensures that the value of the secured assets remains at least 1.10 times the outstanding amount of the debentures at all times until full redemption. This collateral coverage provides a significant safety margin for investors, aligning with the strong credit rating and reducing the risk associated with the debt issuance.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE348L01012/31c0e52336424e75.pdf