Arman Financial Services Ltd Allots Shares Through Employee Stock Option Schemes
Arman Financial Services Ltd announced that it has allotted shares to eligible employees through various Stock Option Schemes, resulting in an increase in the company's equity share capital. The allotments were finalized following circular resolutions passed by the company’s Board of Directors and Nomination & Remuneration Committee.The Board of Directors, via a circular resolution dated May 12, 2026, approved the allotment of 10,000 equity shares, each having a face value of ₹10, to an eligible employee of the company's Subsidiary Company. This allotment was executed upon the exercise of stock options under the 'Arman -Employee Stock Option Plan 2016' (ESOP-2016).
Separately, the Nomination & Remuneration Committee of the Company, through a circular resolution dated May 12, 2026, allotted 840 equity shares, each with a face value of ₹10, to an eligible employee of Arman Financial Services Ltd. These shares were allotted following the exercise of stock options under the 'Arman-Employee Stock Option Plan 2023' (ESOP-2023).
The company confirmed that these newly allotted shares rank pari passu with the existing equity shares of the Company in all respects. The company stated that no equity shares were allotted to any of its Directors.
The successful allotments have resulted in an increase in the company's overall equity share capital. The total equity share capital of Arman Financial Services Ltd is now 1,05,14,761 equity shares, with each share having a face value of ₹10. This aggregate value amounts to ₹10,51,47,610.
The details of the allotments are summarized below:
| Allotment Category | Shares Allotted | Face Value Per Share | Plan/Scheme |
|---|---|---|---|
| Subsidiary Employee | 10,000 | ₹10 | ESOP-2016 |
| Company Employee | 840 | ₹10 | ESOP-2023 |
Arman Financial Services Ltd confirmed that the company's equity share capital has increased to 1,05,14,761 equity shares of ₹10 each, totaling ₹10,51,47,610.
ARMANFIN Stock Price Movement
As of 11:35 AM, shares of Arman Financial Services Limited are slipping by 1.45% in live trading, currently positioned at ₹1775.2. The stock action is drawing considerable interest, supported by a trading volume of 9,663 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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