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Arman Financial Services raises Rs 37.80 crore via NCDs

04 Mar 2020 Evaluate

Arman Financial Services’ board has allotted 378 rated, unlisted, secured, senior, redeemable, taxable, transferable, non-convertible debentures (NCDs) with face value of Rs 10,00,000 each aggregating to Rs 37.80 crore on a private placement basis to AAV SarI (Luxembourg) and Masala Investment Sari (Luxembourg), through its Indian custodian Deutsche Bank AG with a coupon of 13.15% payable semi-annually and on maturity.

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 in both Fund based and Non Fund Based activities which includes term loans, collateral free credit, other forms of credits, thrift and savings and insurance.

Arman Financial Serv Share Price

1552.95 1.10 (0.07%)
17-Apr-2026 16:59 View Price Chart
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