Aryaman Financial Services Allocates Shares in Rights Issue, Realizing Rs 79,99,920 Investment
Aryaman Financial Services Limited has completed a transaction through a Rights Issue, securing its investment and control in Aryaman Finance (India) Limited. The company allotted 55,555 equity shares to realize the investment, driving strategic growth across its business operations.The allotment of equity shares by Aryaman Financial Services Limited was executed on June 03, 2026. The transaction involved issuing 55,555 equity shares at an issue price of Rs 144 per share. These shares consist of a face value of Rs 10 and a premium of Rs 134 per Equity Share.
The total cash consideration realized for the investment amounted to Rs 79,99,920/-.
| Particulars | Detail |
|---|---|
| Company Name | Aryaman Financial Services Limited |
| Entity Acquired | Aryaman Finance (India) Limited (Wholly Owned Subsidiary) |
| Date of Allotment | June 03, 2026 |
| Shares Allotted | 55,555 |
| Issue Price Per Share | Rs 144 |
| Face Value per Share | Rs 10 |
| Premium per Share | Rs 134 |
| Total Consideration Amount | Rs 79,99,920/- |
The transaction involves the acquisition of a significant stake in the wholly owned subsidiary. The Company now holds 99% of the shareholding in Aryaman Finance (India) Limited.
Aryaman Finance (India) Limited is designed to conduct financing, money lending, and loan business. It provides both secured and unsecured loans to individuals, firms, and corporates. Furthermore, the entity offers various financial services such as bill discounting, factoring, and guarantees, while strictly excluding banking business as defined by the Banking Regulation Act, 1949.
The strategic move aligns with the parent company's objective of expanding its operations on a large scale to increase revenue and enhance market share.
Stock Price Movement
At 13:20, shares of Aryaman Financial Services Ltd. are trading flatly at ₹595.00, showing no movement. The stock has experienced intraday volatility, bouncing between a low of ₹595.00 and a high of ₹599.00.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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