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MAS Financial Services Ltd - Intimation Under Reg. 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 W.R.T. Brickwork Rating Downgrade Of M/S. Sambandh Finserve Pvt. Ltd.
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15 Oct 2020
Pursuant to Reg. 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, this is in reference to the Brickwork Rating downgrade of M/s. Sambandh Finserve Pvt. Ltd.&lt;BR&gt; Our net exposure on the Company after taking in to account the loans assigned to the other lending institutes is Rs.18.40crs. inclusive of MRR on assigned portfolio. (The net exposure amount is 0.6% of the total on book assets). The account is not overdue as on 30th September, 2020.The Board is cognizant of this development and suitable actions will be taken from time to time.&lt;BR&gt; Capital Adequacy Ratio of MAS Financial Services Limited as of 30 June, 2020 stood at 34.93%. The Tier-I capital stood at 32.20%.&lt;BR&gt; Kindly take note of the same.
View all announcements for MAS Financial Services Ltd Source: BSE India

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