Arman Financial Services has raised Rs 125 crore through the allotment of 1,25,000 senior, secured, listed, rated, taxable, transferable, redeemable, non-convertible debentures (NCDs), including a Green Shoe Option of 25,000 NCDs, of face value of Rs 10,000 each, on a private placement basis. The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE. The Finance & Investment Committee, at its meeting held on March 25, 2026, has allotted 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.
