Arman Financial Services raises Rs 125 crore via NCDs
The Finance & Investment Committee, at its meeting held on March 25, 2026, has allotted the same
Arman Financial Services has raised Rs 125 crore through the allotment of 1,25,000 senior, secured, listed, rated, taxable, transferable, redeemable, non-convertible debentures (NCDs), including a Green Shoe Option of 25,000 NCDs, of face value of Rs 10,000 each, on a private placement basis. The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE. The Finance & Investment Committee, at its meeting held on March 25, 2026, has allotted the same.
Arman Financial Services (ASFL) provides affordable financing with simple, no-hassle loan products. By enabling affordable personal mobility via two-wheeler and three-wheeler financing, Arman promises a better life to the middle-class and emerging middle-class, and helps families move up the economic ladder.
