MAS Financial Services Limited Discloses Corporate Debentures Listing Details Under SEBI Master Circular

1 min read     Updated on 30 Apr 2026, 11:41 PM
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MAS Financial Services Limited has submitted a comprehensive disclosure of corporate debentures listing details to BSE Limited and National Stock Exchange of India Limited in compliance with Chapter XIV of the SEBI Master Circular. The disclosure, submitted on April 30, 2026, encompasses 25 debenture listings on BSE with ISIN codes ranging from INE348L08041 to INE348L07365, covering allotment and listing dates from October 2021 through March 2026. The company confirmed that there has been no delay or default in servicing of Non-Convertible Debentures (NCDs) during FY 2025-26, while details regarding record dates, credit ratings, and payment status have been previously communicated to the stock exchanges under relevant SEBI regulations.

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mas financial services Limited has submitted a comprehensive disclosure of corporate debentures listing details to BSE Limited and National Stock Exchange of India Limited in compliance with Chapter XIV of the SEBI Master Circular. The disclosure, submitted on April 30, 2026, follows the prescribed format of Annexure XIV-B as specified in the circular SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024, updated as on October 15, 2025.

Listing Details of Corporate Debentures

The company has disclosed details of 25 debenture listings on BSE, with allotment and listing dates spanning from October 2021 to March 2026. The debentures are identified by unique ISIN codes and include both first issues and further issues. The listing quantities range from 50 to 150,000 units across various series.

Sl. No. ISIN Allotment date Listing date Listing quantity First issue/ further issue Exchange
1. INE348L08041 20-10-2021 21-10-2021 50 First issue BSE
2. INE348L08082 10-03-2023 13-03-2023 5000 First issue BSE
3. INE348L08090 27-03-2023 28-03-2023 5000 First issue BSE
4. INE348L07159 28-09-2023 03-10-2023 10000 First issue BSE
5. INE348L08108 08-12-2023 08-12-2023 2500 First issue BSE
6. INE348L08108 21-12-2023 21-12-2023 2500 Further issue BSE
7. INE348L07183 21-03-2024 22-03-2024 20000 First issue BSE
8. INE348L07209 21-06-2024 24-06-2024 5000 First issue BSE
9. INE348L07225 18-10-2024 21-10-2024 10000 First issue BSE
10. INE348L07233 28-11-2024 02-12-2024 10000 First issue BSE
11. INE348L07258 23-12-2024 24-12-2024 35000 First issue BSE
12. INE348L07241 23-12-2024 24-12-2024 65000 First issue BSE
13. INE348L07266 30-12-2024 01-01-2025 7500 First issue BSE
14. INE348L07274 13-02-2025 13-02-2025 65000 First issue BSE
15. INE348L07241 13-02-2025 13-02-2025 60000 Further issue BSE
16. INE348L07282 21-03-2025 24-03-2025 15000 First issue BSE
17. INE348L07290 28-03-2025 02-04-2025 5000 First issue BSE
18. INE348L07308 16-05-2025 19-05-2025 10000 First issue BSE
19. INE348L07316 16-05-2025 19-05-2025 7500 First issue BSE
20. INE348L07324 30-07-2025 31-07-2025 20000 First issue BSE
21. INE348L07332 29-08-2025 01-09-2025 100000 First issue BSE
22. INE348L07316 19-08-2025 20-08-2025 15000 Further issue BSE
23. INE348L07340 28-11-2025 01-12-2025 150000 First issue BSE
24. INE348L07357 30-12-2025 01-01-2026 10000 First issue BSE
25. INE348L07365 25-03-2026 27-03-2026 10000 First issue BSE

Regulatory Compliance and Disclosures

The disclosure was submitted by Riddhi Bhaveshbhai Bhayani, Company Secretary and Chief Compliance Officer of MAS Financial Services Limited. The company confirmed that details regarding record dates for payment of interest and/or part-principal/redemption of Non-Convertible Debentures (NCDs) have already been intimated to the stock exchanges under Regulation 60 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Credit Rating and Payment Status

The company stated that credit rating details have been previously provided to the stock exchanges and will be updated upon occurrence of any subsequent events. Similarly, the status of payment of interest and/or part-principal/redemption of NCDs has been communicated to the stock exchanges under Regulation 57(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Default History

In the disclosure, MAS Financial Services Limited confirmed that there has been no delay or default in servicing of NCDs issued by the company during FY 2025-26. The company's scrip codes on BSE are 540749 and 947381, with the trading symbol MASFIN on the National Stock Exchange of India Limited.

Historical Stock Returns for MAS Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+4.30%+5.22%+16.32%+12.03%+23.76%+24.79%

What is MAS Financial Services' planned debenture issuance strategy for FY 2026-27 given their active debt market participation?

How might the upcoming SEBI regulatory changes impact MAS Financial's future corporate debenture listing requirements?

Will MAS Financial Services expand its debenture listings to other exchanges beyond BSE to diversify its investor base?

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MAS Financial Services Receives ESG Rating of 63 in Strong Category from SEBI-Registered Agency

1 min read     Updated on 23 Apr 2026, 03:42 PM
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MAS Financial Services Limited received an ESG rating of 63 in the Strong category from SEBI-registered ESG Risk Assessments & Insights Limited on April 22, 2026. The rating was assigned voluntarily by the agency based on publicly available data without company engagement. The company disclosed this information to stock exchanges on April 23, 2026, under SEBI Listing Regulations, with the rating reflecting solid ESG performance across environmental, social, and governance parameters.

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MAS Financial Services Limited has received an ESG rating of 63 in the Strong category from ESG Risk Assessments & Insights Limited, a SEBI-registered ESG Rating Provider. The company disclosed this development to stock exchanges on April 23, 2026, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

ESG Rating Details

The rating was assigned on April 22, 2026, and the company received communication about the disclosure filed by the rating agency with BSE Limited on the same date. The ESG rating reflects the company's performance across environmental, social, and governance parameters.

Parameter Details
ESG Rating 63
Rating Category Strong
Date of Rating April 22, 2026
Rating Agency ESG Risk Assessments & Insights Limited
ISIN INE348L01012

Rating Methodology

The company clarified that it did not engage with ESG Risk Assessments & Insights Limited for obtaining this ESG rating. The rating agency voluntarily assigned the ESG rating based on publicly available data and information about the company's operations and practices.

Regulatory Compliance

MAS Financial Services informed both BSE Limited and National Stock Exchange of India Limited about this ESG rating as part of its disclosure obligations. The communication was signed by Riddhi Bhaveshbhai Bhayani, Company Secretary and Chief Compliance Officer, and the disclosure is available on the company's website at mas.co.in.

This ESG rating in the Strong category indicates that MAS Financial Services demonstrates solid environmental, social, and governance practices as evaluated by the independent rating agency using publicly available information.

Historical Stock Returns for MAS Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+4.30%+5.22%+16.32%+12.03%+23.76%+24.79%

How might this Strong ESG rating impact MAS Financial Services' access to ESG-focused investment funds and institutional capital?

Will the company now develop a formal ESG strategy to potentially improve its rating from 63 to a higher score in future assessments?

Could this unsolicited ESG rating prompt other financial services companies to proactively engage with rating agencies for better scores?

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1 Year Returns:+23.76%