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Arman Financial Services gets nod to raise Rs 125 crore through NCDs

19 Jan 2026 Evaluate

Arman Financial Services has received approval from the Finance & Investment Committee of the Board of Directors for issuance of 125000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (Debenture or NCDs) of face value of Rs 10,000 each, aggregating to Rs 125 crore by way of a private placement.

The Finance & Investment Committee of the Board of Directors of the Company at its meeting held on January 19, 2026 has 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.

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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