MAS Financial Services Limited has announced that its Board of Directors will convene on Wednesday, January 28, 2026, to deliberate on crucial financial and corporate matters for the third quarter of fiscal year 2026. The meeting has been scheduled in compliance with Regulation 29 and Regulation 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agenda Items for Board Meeting

The board meeting will address multiple significant corporate actions and financial approvals:

Director Re-appointment and Corporate Governance

The board will consider the re-appointment of Dr. Barnali Chaklader (DIN: 10970760) as a woman Independent Director for a second consecutive term of five years. This appointment reflects the company's commitment to maintaining strong corporate governance standards and board diversity.

Financial and Investment Decisions

Among the key financial decisions, the board will evaluate the declaration of an interim dividend on equity shares and determine the record date for the same. Additionally, the meeting will address the company's investment strategy, specifically considering an investment in MAS Rural Housing & Mortgage Limited, which is a subsidiary of the company.

Trading Window Restrictions

In accordance with insider trading regulations, the company has implemented a trading window closure for designated persons and their immediate relatives. The restriction period is as follows:

The trading window will remain closed until 48 hours after the announcement of the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. This measure ensures compliance with sub-regulation (1) of Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Additional Corporate Matters

The board meeting agenda also includes the formation, review, and updating of various company policies, along with other business matters that may arise during the proceedings. The company has communicated this information to both BSE Limited and National Stock Exchange of India Limited, where its shares are listed under the trading symbol MASFIN.

India Business Excellence Fund III, a scheme of Business Excellence Trust III, has reduced its stake in MAS Financial Services Limited through a series of equity share disposals that triggered mandatory regulatory disclosure requirements.

Share Disposal Details

The fund disposed of 37,50,000 equity shares of MAS Financial Services through open market transactions conducted between July 15, 2025, and January 7, 2026. The disclosure obligation under Regulation 29(2) of the SEBI Takeover Regulations was specifically triggered on January 7, 2026, when the fund sold 5,68,640 equity shares, which combined with previous disposals breached the 2% threshold.

Shareholding Changes

The disposal significantly reduced India Business Excellence Fund III's ownership in MAS Financial Services. Before the transaction series, the fund held 1,21,33,737 equity shares representing 6.69% of the company's total share capital. Following the disposals, the fund's holding decreased to 83,83,737 equity shares, representing 4.62% of the total shareholding.

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. India Business Excellence Fund III confirmed it does not belong to the promoter or promoter group of MAS Financial Services Limited. The fund operates under the investment management of MO Alternate Investment Advisors Private Limited.

Fund Structure

India Business Excellence Fund III operates as a scheme of Business Excellence Trust III, with MO Alternate Investment Advisors Private Limited serving as its investment manager. The disclosure was signed by Bharat Kedia, Chief Operating Officer, on behalf of the fund on January 9, 2026. MAS Financial Services Limited shares are listed on both the National Stock Exchange of India (Symbol: MASFIN) and BSE Limited (Scrip Code: 540749).