Arman Financial Services Receives Credit Rating Reaffirmation at 'ACUITE A-' with Stable Outlook
Arman Financial Services Limited received credit rating reaffirmation from Acuité Ratings & Research Limited at 'ACUITE A-' with Stable outlook for banking facilities and existing NCDs. The rating agency also assigned the same rating to proposed Non-Convertible Debentures worth ₹150.00 crore. The company communicated this development to stock exchanges on March 18, 2026, in compliance with SEBI regulations.

*this image is generated using AI for illustrative purposes only.
Arman Financial Services Limited has announced that Acuité Ratings & Research Limited has reaffirmed its credit rating, maintaining the company's financial standing in the market. The development was communicated to stock exchanges on March 18, 2026, as part of regulatory compliance requirements.
Credit Rating Reaffirmation Details
Acuité Ratings & Research Limited has reaffirmed the long-term credit rating of Arman Financial Services Limited's banking facilities and existing Non-Convertible Debentures (NCDs) at 'ACUITE A-' with a 'Stable' outlook. The rating reaffirmation indicates the rating agency's continued confidence in the company's creditworthiness and financial stability.
| Rating Details: | Specification |
|---|---|
| Rating Agency: | Acuité Ratings & Research Limited |
| Current Rating: | ACUITE A- (A minus) |
| Outlook: | Stable |
| Facilities Covered: | Banking facilities and existing NCDs |
New NCD Rating Assignment
In addition to the reaffirmation, Acuité Ratings & Research Limited has assigned a credit rating of 'ACUITE A-' with a 'Stable' outlook to the company's proposed Non-Convertible Debentures. The proposed NCDs aggregate to ₹150.00 crore, representing a significant fundraising initiative by the company.
| Proposed NCD Details: | Specification |
|---|---|
| Instrument Type: | Non-Convertible Debentures |
| Total Amount: | ₹150.00 crore |
| Assigned Rating: | ACUITE A- (A minus) |
| Outlook: | Stable |
Regulatory Compliance
The company has fulfilled its disclosure obligations under Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was sent to both BSE Limited, where the company trades under script code 531179, and National Stock Exchange of India Limited, where it is listed under the symbol ARMANFIN. Company Secretary Uttam Patel signed the regulatory filing on behalf of Arman Financial Services Limited.
Historical Stock Returns for Arman Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.33% | +7.86% | -13.88% | +2.89% | +27.28% | +121.54% |






























