Arman Financial Services has received approval for the issuance of 4200 senior, secured, listed, rated, redeemable non-convertible debentures (NCDs) of face value of Rs 1,00,000 each, aggregating to Rs 42 crore, by way of a private placement. The Finance & Investment Committee of the Board of Directors of the company at its meeting held on June 14, 2025, has inter-alia considered and approved 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.
