Aryaman Financial Services acquired 55,555 equity shares in its wholly owned subsidiary, Aryaman Finance (India) Limited, on June 03, 2026, for a total cash consideration of ₹79,99,920. The shares were allotted at a price of ₹144 each, comprising a face value of ₹10 and a premium of ₹134, via a rights issue. This transaction strengthens the parent company's control over the subsidiary, which is engaged in financing and money lending activities, excluding banking business as per the Banking Regulation Act, 1949.

The acquisition falls under the ambit of related party transactions as Aryaman Finance (India) Limited is a wholly owned subsidiary. The company's Audit Committee granted the necessary approval, ensuring the transaction was conducted at arm's length. The move is intended to expand business operations on a large scale, drive growth, increase revenue, and enhance market share, aligning with the main line of business of the listed entity.

Aryaman Finance (India) Limited was incorporated on January 31, 2025, and therefore does not have a three-year turnover history. The subsidiary's authorized capital stands at ₹11,00,00,000. The rights issue consideration was paid in cash, and the company now owns 99% of the shareholding in the subsidiary following the allotment.

The regulatory disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed particulars of the transaction were submitted in compliance with Para A of Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Aryaman Financial Services has appointed M/s. KKM& Associates, Chartered Accountants, as its internal auditor for the financial years 2026-27 and 2027-28. The Board of Directors approved the appointment at its meeting held on May 21, 2026, based on the recommendation of the Audit Committee. This decision follows the completion of the present internal auditor's term on March 31, 2026.

Appointment Details

M/s. KKM& Associates, a firm registered with the Registration Number 016971S and based out of Mumbai, will assume the role of Internal Auditor. The appointment is made to comply with the provisions of Section 138 of the Companies Act, 2013. The disclosure was submitted to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The company has informed the BSE Limited regarding the appointment of the internal auditor. The necessary details, including the reason for the change and the brief profile of the firm, have been annexed to the regulatory filing. The appointment ensures continued compliance with the statutory requirements for internal audit within the organization.