Arman Financial Services Ltd. Allots Non-Convertible Debentures
Arman Financial Services Ltd. announced on March 25, 2026, that its Finance & Investment Committee has allotted 1,25,000 senior, secured, listed, rated, taxable, transferable, redeemable, non-convertible debentures (NCDs), including a Green Shoe Option of 25,000 NCDs, on a private placement basis. The total value of the allotment is INR 125,00,00,000.The debentures have a face value of INR 10,000 each. The allotment follows a board meeting held on February 12, 2026.
Key details of the NCDs are outlined below:
| Particulars | Details |
|---|---|
| Size of the issue and Type of Security | 1,25,000 NCDs of face value INR 10,000 each, aggregating to INR 125,00,00,000 |
| Listing | Wholesale Debt Market Segment of BSE Limited |
| ISIN | INE109C07147 |
| Tenure | 30 months from the date of allotment |
| Date of Allotment | March 25, 2026 |
| Date of Maturity | September 25, 2028 |
| Coupon/ Interest | 10.90% Per Annum payable every quarter and on maturity |
| Payment Schedule | Quarterly payments commencing June 25, 2026. Face Value Redemption - 3000, 3000, 4000 respectively on March 25, 2028, June 25, 2028, and September 25, 2028. |
| Security | First ranking exclusive and continuing charge over receivables in favour of the Debenture Trustee. |
| Trustee | Vardhaman Trusteeship Private Limited |
| Rating | 'Acuite A-' (stable) by Acuite Ratings & Research Limited |
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