Arman Financial Services Limited has successfully completed its monthly debenture interest payment, demonstrating its commitment to timely debt servicing obligations. The company submitted a regulatory certificate to BSE Limited on April 4, 2026, confirming the completion of interest payment to its debenture holders.

Debenture Interest Payment Details

The company made an interest payment of ₹29,68,400 on April 4, 2026, which was one day ahead of the scheduled due date of April 5, 2026. This payment relates to debentures with ISIN INE109C07105, representing a total issue size of ₹40,00,00,000. The interest payment record date was set as March 21, 2026.

Regulatory Compliance

The certificate was submitted pursuant to Regulation 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in accordance with Chapter XIV of SEBI Master Circular bearing reference number SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025. The submission was signed by Uttam Patel, Company Secretary, and digitally authenticated on April 4, 2026.

Payment Performance

The company reported no delays or issues in the interest payment process, with the amount paid matching exactly the amount due. The previous interest payment was made on March 5, 2026, maintaining the monthly payment schedule. The early payment demonstrates the company's strong cash flow management and commitment to debenture holder obligations.

The regulatory filing was also circulated to Acuité Ratings & Research Limited and IDBI Trusteeship Private Limited as part of the standard disclosure process for listed debt securities.

Arman Financial Services Limited has successfully completed the allotment of non-convertible debentures worth ₹125 crore on March 25, 2026. The Finance & Investment Committee approved the allotment during its meeting held on the same date, following the earlier board meeting outcome communicated on February 12, 2026.

Debenture Issue Details

The company has allotted 1,25,000 senior, secured, listed, rated, taxable, transferable, redeemable non-convertible debentures on a private placement basis. The issue includes a Green Shoe Option of 25,000 NCDs, with each debenture carrying a face value of ₹10,000.

Interest and Tenure Structure

The debentures offer an attractive coupon rate of 10.90% per annum, with quarterly interest payments commencing from June 25, 2026. The NCDs have a tenure of 30 months from the allotment date, maturing on September 25, 2028.

Redemption and Security Features

The debentures will be redeemed in three tranches during 2028, with face value redemptions of ₹3,000 each in March and June, and ₹4,000 in September. The NCDs are secured by a first ranking exclusive charge over the company's receivables, including present and future receivables free from encumbrances.

Rating and Listing Details

Acuite Ratings & Research Limited has assigned an "Acuite A-" (stable) rating to these debentures. The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited, with Vardhaman Trusteeship Private Limited serving as the trustee to the issue.

In case of payment default, the company will be liable to pay additional interest at 2% per annum over the applicable interest rate on outstanding principal amounts until the default is remedied or final redemption is completed.

Source: None/Company/INE109C01017/484a38c7-4533-4c05-aafe-c2512790b7ca.pdf