ImportantUpdates
MAS Financial reported strong Q1 results with consolidated AUM up 20.82% YoY to ₹13,298.50 Cr and PAT rising 19.34% to ₹86.59 Cr.
MAS Financial Services LimitedMASFIN · Filed with the exchange
The company's insurance broking subsidiary secured in-principle approval to operate as a direct broker.
The board approved the re-appointment of Director Dhvanil Gandhi and an investment of ₹0.35 Cr in the insurance arm.
Newly raised NCDs worth ₹175 Cr were fully utilized as planned.
Financial health remains robust with CRAR at 25.22% and stable asset quality (Gross Stage 3 at 2.49%, Net Stage 3 at 1.63%). Secured NCDs maintain a 1.11x security cover.
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