Our Company was incorporated as ‘MAS Financial Services Limited’ a public limited company under the Companies Act 1956 with a certificate of incorporation issued by the Assistant Registrar of Companies Gujarat (Dadra & Nagar Haveli) on May 25 1995 at Ahmedabad. Our Company received a certificate for commencement of business on May 29 1995 from the Assistant Registrar of Companies Gujarat (Dadra & Nagar Haveli). Our Company was initially registered as a Category A (public deposit taking) NBFC pursuant to a certificate of registration (bearing registration number 01.00241) dated May 8 1998 issued by the RBI. Subsequently upon conversion of our Company to a Category B (non-public deposit taking) NBFC our Company received a certificate of registration (bearing registration number B-01-00241) dated January 15 2007 issued by the RBI. Major events and milestones 1995 - Incorporation of our Company 1998 - Registered as a public deposit taking non-banking financial company with the RBI 2006 - Received investment from Bellwether Microfinance Trust - Incorporation of MAS Rural Housing & Mortgage Finance Limited our Subsidiary 2007 - Registered as a non-public deposit taking non-banking financial company with the RBI 2008 - Received investment from FMO - Received investment from ICICI Venture Fund Management Company Limited 2010 - Developed and implemented customised Enterprise Resource Planning system called ‘MASEX’ 2012 - Received investment from DEG 2013 - AUM crossed Rs.10000 million 2014 - Sarva Capital then known as Lok Capital II LLC purchased 21735545 compulsorily convertible cumulative preference shares of our Company from FMO 2015 - AUM crossed Rs. 20000 million- NCDs issued by our Company listed on BSE Limited2016 - India Ratings & Research upgraded the rating of our bank loans to “Ind A” with stable outlook.2017 - AUM crossed Rs.30000 million
Name | Position |
---|---|
Mr. Kamlesh C Gandhi | Chairman & Managing Director |
Mrs. Darshana S Pandya | Director & CEO |
Mr. Dhvanil K Gandhi | Whole Time Director |
Mr. Narayanan Sadanandan | Ind. Non-Executive Director |
Mr. Umesh R Shah | Ind. Non-Executive Director |