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Arman Financial Services gets nod to raise Rs 27.50 crore via NCDs

14 Sep 2018 Evaluate

Arman Financial Services has received approval to raise funds aggregating upto Rs 27.50 crore through issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The meeting of the Board of Directors of the company held on September 13, 2018, approved the same.

Arman Financial Services, a leading Gujarat based nonbanking financial company (NBFC), with interests in microfinance, two wheelers and MSME loans.

Peers
Company Name CMP
Bajaj Finance 1040.00
Shriram Finance 1007.00
Aditya Birla Capital 402.00
Tata Capital 350.05
Chola Invest & Fin. 1770.45
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