Outcome of Board Meeting

MFSL/SEC/EQ/2026/90 October 28, 2026 To, To, The Manager, General Manager BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Plot No. C/1, G Block Mumbai – 400001 Bandra-Kurla Complex Bandra (East) Mumbai – 400051 Scrip Code: 540749, 947381 Trading Symbol: MASFIN Dear Sir, Sub.: Outcome of Board Meeting of the Company held today i.e. Wednesday, October 28, 2026. The Board of Directors of the Company in its Meeting held today i.e. on Wednesday, October 28, 2026 has inter alia: 1. Approved the Unaudited Standalone & Consolidated Financial Results of the Company for the quarter and half-year ended on September 30, 2026 along with adoption of Limited Review Reports issued by the Statutory Auditors of the Company; 2. Reconstituted Committees of the Company; 3. Formed, reviewed and updated various policies of the Company; 4. The Board has approved the investment in MAS Rural Housing & Mortgage Limited, Subsidiary Company up to Rs. 50 Crores; (Necessary disclosures regarding the investment in specified format will be shared as and when the investment is made). The said meeting of the Board of Directors commenced at 1:00 P.M. and concluded at 03:15 P.M. As required under the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, all the above mentioned documents will be uploaded on the Stock Exchange websites at www.nseindia.com and www.bseindia.com and will also be simultaneously posted on the website of the Company at www.mas.co.in. Request you to take the same on your records. Thanking you, Yours faithfully, For, MAS Financial Services Limited Riddhi Bhaveshbhai Bhayani Company Secretary and Chief Compliance Officer ACS No.: A41206 Disclosure pursuant to Reg. 52 (4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for standalone financial results: Sr. Particulars For the quarter ended For the half-year ended No 30.09.2026 30.09.2026 a. Debt-Equity Ratio [Debt securities + 3.50 times 3.50 times Borrowings (other than debt securities) + Subordinated debts + interest accrued thereon] / Total Equity] b. Outstanding redeemable preference Nil Nil shares (quantity and value) c. Capital redemption reserve Nil Nil d. Net worth [Total Equity](Rs. In crore) 3,193.11 3,193.11 e. Net profit after tax (Rs. In crore) 110.05 214.65 f. Earnings per share (not annualised) Basic – Rs. 6.07 per share Basic – Rs. 11.83 per share Diluted - Rs. 6.07 per share Diluted - Rs. 11.83 per share g. Total debts to total assets [Debt 0.75 times 0.75 times securities + Borrowings (other than debt securities) + Subordinated debts + interest accrued thereon / Total Assets] h. Net profit margin (%) [Profit After Tax/ 19.64% 19.68% Total Income] i. Sector specific equivalent ratio Gross stage 3% : 2.63% Gross stage 3% : 2.63% Net stage 3%: 1.70% Net stage 3%: 1.70% Capital to risk-weighted Capital to risk-weighted assets ratio (Calculated as assets ratio (Calculated as per RBI guidelines) – 22.12% per RBI guidelines) – 22.12% Note: Debenture redemption reserve, Debt service coverage ratio, Interest service coverage ratio, Current ratio, Long term debt to working capital, Bad debts to Accounts receivable ratio, Current liability ratio, Debtors turnover, Inventory turnover and Operating margin ratio are not relevant/applicable as the Company is an NBFC registered with RBI and is engaged in financing activities. Disclosure pursuant to Reg. 52 (4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for consolidated financial results: Sr. Particulars For the quarter ended For the half-year ended No 30.09.2026 30.09.2026 a. Debt-Equity Ratio [Debt securities + 3.58 times 3.58 times Borrowings (other than debt securities) + Subordinated debts + interest accrued thereon] / Total Equity] b. Outstanding redeemable preference Nil Nil shares (quantity and value) c. Capital redemption reserve Nil Nil d. Net worth [Total Equity] (Rs. In crore) 3,287.37 3,287.37 e. Net profit after tax (Rs. In crore) 115.12 225.27 f. Earnings per share (not annualised) Basic – Rs. 6.24 per share Basic – Rs. 12.22 per share Diluted - Rs. 6.24 per Diluted - Rs. 12.22 per share share g. Total debts to total assets [Debt securities 0.76 times 0.76 times + Borrowings (other than debt securities) + Subordinated debts + interest accrued thereon / Total Assets] h. Net profit margin [Profit After Tax/ Total 19.45% 19.53% Income] Note: Debenture redemption reserve, Debt service coverage ratio, Interest service coverage ratio, Current ratio, Long term debt to working capital, Bad debts to Accounts receivable ratio, Current liability ratio, Debtors turnover, Inventory turnover and Operating margin ratio are not relevant / applicable as the Company is an NBFC registered with RBI and is engaged in financing activities. MFSL/SEC/EQ/2026/91 October 28, 2026 To, To, The Manager, General Manager BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Plot No. C/1, G Block Mumbai – 400001 Bandra-Kurla Complex Bandra (East) Mumbai – 400051 Scrip Code: 540749, 947381 Trading Symbol: MASFIN Dear Sir, Sub.: Submission of information pursuant to Regulation 54 of the SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015. Pursuant to the Regulation 54 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that all the secured listed Non - Convertible Debentures issued by the Company and outstanding as on September 30, 2026 are fully secured. Accordingly, the Company is maintaining Security cover of 100% or such higher security cover required as per the terms. Please find enclosed a copy of the Certificate on Security Cover in the format prescribed by SEBI. Thanking you, Yours faithfully, For, MAS Financial Services Limited Riddhi Bhaveshbhai Bhayani Company Secretary and Chief Compliance Officer ACS No.: A41206 Encl.: As above MFSL/SEC/EQ/2026/92 October 28, 2026 To, To, The Manager, General Manager BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Plot No. C/1, G Block Mumbai – 400001 Bandra-Kurla Complex Bandra (East) Mumbai – 400051 Scrip Code: 540749, 947381 Trading Symbol: MASFIN Dear Sir, Sub.: Submission of Statement pursuant to Regulation 52(7) and Regulation 52(7A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) We would like to inform you that pursuant to Regulation 52(7) and Regulation 52(7A) of the SEBI Listing Regulations, all the proceeds of issue of non-convertible debentures issued during the quarter ended on September 30, 2026 were utilized for specified object as per their respective offer document and there is no deviation/variation. Please find enclosed a copy of the statement in the format prescribed by SEBI. You are requested to take the same on record. Thanking you, Yours faithfully, For, MAS Financial Services Limited Riddhi Bhaveshbhai Bhayani Company Secretary and Chief Compliance Officer ACS No.: A41206 Encl.: As above Statement of Deviation or Variation A. Statement of utilization of issue proceeds: Name of ISIN Mode of Type of Date of Amou Funds Any If 8 is Yes, Rem the Fund Instrument raising nt Utiliz Deviatio then arks, Issuer Raising fund Raised ed n specify the if (Public (Yes/No) purpose of any issues/ for which Private the funds placement) were utilized 1 2 3 4 5 6 7 8 9 10 MAS INE348L07407 Private rated, listed, 09-07-2026 250 Yes No NA NA Financial placement senior, Crore Services secured, Limited redeemable, taxable, transferable, non- convertible debentures (NCDs) MAS INE348L07415 Private rated, listed, 27-07-2026 150 Yes No NA NA Financial placement senior, Crore Services secured, Limited redeemable, taxable, transferable, non- convertible debentures (NCDs) MAS INE348L07423 Private rated, listed, 24-09-2026 175 Yes No NA NA F [Showing first 8,000 characters — download PDF for full document]