MoneyWorks4Me

Arman Financial Services raises Rs 5 crore through Private Placement

08 Jan 2016 Evaluate

Arman Financial Services has raised Tier II Capital by Private Placement of Fully Paid-up Cumulative Non-Convertible Compulsorily Redeemable Preference Shares (CNCCRPS) aggregating to Rs 5.00 crore.

Arman Financial Services is a category ‘A’ non-banking finance company. The main objects of the company consist of providing a wide spectrum of financial services both Fund based and Non Fund Based activities.


Peers