Pursuant to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Arman Financial Services has informed that the Board of directors by way of circular resolution on July 19, 2023, have approved the allotment of 4900 Senior, secured, rated, listed, transferable, taxable, redeemable non-convertible debentures (NCD) denominated in INR, each having a face value of INR 1,00,000 and an aggregate face value of INR 49,00,00,000 (‘Debentures’ or ‘NCDs’) comprising of base issue of 2,500 senior, secured, rated, listed, redeemable, taxable, transferable non-convertible debentures, each having a face value of INR 1,00,000 and an aggregate face value of INR 25,00,00,000 and Green Shoe Option of 2,400 senior, secured, rated, listed, redeemable, taxable, transferable nonconvertible debentures, each having a face value of INR 1,00,000 and an aggregate face value of INR 24,00,00,000 (‘Green Shoe Option’). The details of the said allotment are furnished in ‘Annexure A’ enclosed.
The above information is a part of company’s filings submitted to BSE.
