Arman Financial Services has received a regulatory disclosure from Elevation Capital V Limited regarding a substantial reduction in shareholding under SEBI takeover regulations. The Mauritius-based investment firm has decreased its stake in the financial services company through open market transactions.

Transaction Details

Elevation Capital V Limited sold 223,493 shares of Arman Financial Services on April 8, 2026, through open market transactions. The sale represents 2.13% of the company's total voting capital and resulted in a significant reduction of the firm's shareholding position.

Shareholding Changes

The transaction has resulted in a notable change in Elevation Capital's ownership structure in Arman Financial Services. Prior to this sale, the investment firm held a substantial stake in the company.

Company Information

Arman Financial Services Limited maintains its equity structure unchanged following this transaction. The company's shares are traded on both major Indian stock exchanges.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Elevation Capital V Limited confirmed that it does not belong to the promoter or promoter group of Arman Financial Services. The shareholding pattern data is based on the company's position as of December 31, 2025.

The transaction reflects standard portfolio management activities by institutional investors, with Elevation Capital maintaining a significant but reduced presence in Arman Financial Services' shareholding structure.

Arman Financial Services Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate pertains to the quarter ended March 31, 2026, and was filed on April 07, 2026.

Regulatory Compliance Filing

The company submitted the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited. The filing was signed by Company Secretary Uttam Patel and includes confirmation from the company's Registrar and Transfer Agent.

RTA Confirmation Certificate

Bigshare Services Private Limited, serving as the company's SEBI-registered Category I Registrar and Transfer Agent, issued the compliance certificate dated March 31, 2026. The RTA confirmed that all securities received from depository participants for dematerialization up to March 31, 2026 were properly processed and confirmed to the depositories.

The certificate validates that:

• Securities received for dematerialization were accepted or rejected as appropriate
• All securities in the certificates have been listed on stock exchanges where previously issued securities are traded
• Security certificates received for dematerialization were mutilated and cancelled after proper verification
• Depository names were substituted in the register of members as registered owners within the mandated 15-day period

Stock Exchange Communication

The compliance filing was simultaneously submitted to both major Indian stock exchanges where Arman Financial Services shares are listed. The communication was addressed to BSE Limited (Script Code: 531179) and National Stock Exchange of India Limited (Symbol: ARMANFIN), ensuring comprehensive regulatory compliance across trading platforms.

Company Information

Arman Financial Services Limited operates from its registered office in Ahmedabad, Gujarat. The company maintains regular communication with regulatory bodies and stock exchanges to ensure adherence to all applicable securities regulations and depositories requirements.