Arman Financial Services Limited has officially confirmed to stock exchanges that it is not classified as a 'Large Corporate' under the Securities and Exchange Board of India's debt securities framework as of March 31, 2026. The disclosure was made on April 30, 2026, to both BSE Limited and National Stock Exchange of India Limited as part of regulatory compliance requirements.

Regulatory Compliance Framework

The disclosure was made pursuant to Chapter XII of SEBI Master Circular No. SEBI/HO/DDHS/PoD/P/CIR/2025/0000000137 dated October 15, 2025, read with Operational Circular No. SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 dated October 19, 2023. These regulations pertain to fund raising by issuance of debt securities by Large Corporates and require entities to make specific disclosures regarding their classification status.

Financial Position and Credit Rating

The company submitted detailed financial information as part of its initial disclosure for financial year 2025-26. Key financial metrics and corporate details are presented below:

The company's outstanding borrowing of Rs. 668.15 crore as of March 31, 2025, appears to be below the threshold that would classify it as a Large Corporate under SEBI's framework. The ACUITE A (Negative) rating indicates a stable credit profile with some concerns that warrant monitoring.

Corporate Governance and Authorization

The disclosure was duly authorized and signed by key corporate officials, demonstrating proper governance protocols. Uttam Patel, Company Secretary, and Vivek Arun Modi, Chief Financial Officer, both digitally signed the disclosure documents on April 30, 2026. This dual authorization ensures compliance with corporate governance standards and regulatory requirements.

Implications for Debt Securities Framework

By confirming its non-classification as a Large Corporate, Arman Financial Services Limited is not subject to the specific requirements and restrictions that apply to Large Corporates under SEBI's debt securities framework. This classification affects the company's fund-raising options and regulatory obligations when issuing debt securities in the capital markets.

The timely submission of this disclosure demonstrates the company's commitment to regulatory compliance and transparent communication with stock exchanges and investors regarding its corporate status under applicable SEBI frameworks.

Arman Financial Services Limited has submitted a certificate under Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming the payment of interest to debenture holders. The certificate, dated April 29, 2026, was addressed to BSE Limited and includes detailed information about the interest payment made by the company.

Interest Payment Details

The company has successfully paid interest amounting to ₹3,49,82,500 to debenture holders. The payment was made on the due date of April 29, 2026, with the interest payment record date set as April 14, 2026. There were no delays in the payment, and the company has confirmed that the full interest amount due was paid on schedule.

Debenture Issue Information

The interest payment pertains to debentures with ISIN INE109C07139. The key details of the debenture issue are as follows:

Compliance and Certification

The certificate was submitted pursuant to Regulation 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Chapter XIV of SEBI Master Circular bearing reference no. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025. The document was digitally signed by Uttambhai Narayanbhai Patel, Company Secretary of Arman Financial Services Limited, on April 29, 2026. Copies of the certificate were also circulated to Acuité Ratings & Research Limited and Vardhman Trusteeship Private Limited.