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MAS Financial Services Ltd
ASHRAM ROAD
Phone: +91 7941106500p:+91 7941106500 AHMEDABAD, 380009  India Ticker: MASFINMASFIN
Business Summary
MAS Financial Services Limited is an India-based Non-Banking Finance Company (NBFC) engaged in providing specialized retail financing services. The Company's segments include financing activities and other reconciling items. Its financing activities include the business of providing micro enterprise loans (MEL), small and medium enterprise loans (SME), two-wheeler loans (TW), salaried personal loans (SPL), commercial vehicle loans (CVL), housing finance loans and loans to NBFCs. Its other reconciling item provides insurance broking business. The Company provides two-wheeler loans to a wide range of borrowers, including farmers, professionals, small entrepreneurs and salaried customers. The Company provides home improvement loans and loans for the purchase and construction of commercial property. Its SME loans include wheeler, commercial vehicle and salaried personal loans. It offers housing loans through its subsidiary, MAS Rural Housing & Mortgage Finance Ltd.
(Source: Company's Website)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20263/31/2026Yes----

Industries
SIC Code Description
6141 Personal credit institutions
8742 Management consulting services
6159 Miscellaneous business credit institutions
6411 Insurance agents, brokers, and service

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Managing Director Kamlesh C.Gandhi 59 3/14/2019 3/14/2019
Chief Executive Officer, Whole Time Director Darshana S.Pandya 52 11/6/2019 7/31/2019
Chief Financial Officer Ankit T.Jain 37 11/6/2019 11/6/2019
7 additional Officers and Directors records available in full report.

General Information
Number of Employees: 1,933 (As of 3/31/2026)
Outstanding Shares: 181,453,377 (As of 3/31/2026)
Shareholders: 41,073
Stock Exchange: NSE
Fax Number: +91 7930016597


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Sunday, August 16, 2026