Arman Financial Services Limited has completed the allotment of non-convertible debentures worth ₹125 crores, marking a significant fundraising milestone for the financial services company. The Board of Directors approved the allotment through a circular resolution dated January 29, 2026, in compliance with SEBI regulations.

Debenture Issue Details

The company has allotted 125,000 listed, rated, senior, secured, transferable, redeemable non-convertible debentures through private placement. Each debenture carries a face value of ₹10,000, bringing the total issue size to ₹125,00,00,000.

Interest and Tenure Structure

The debentures offer an attractive coupon rate of 11.35% per annum, with interest payments scheduled quarterly. The first interest payment is due on April 29, 2026, with subsequent payments continuing until maturity.

Security and Redemption Terms

The NCDs are secured by a first ranking exclusive and continuing charge over the company's receivables, including present and future receivables free from encumbrances. The debentures will be redeemed at par through a structured schedule:

• January 29, 2028: Face value redemption of ₹3,000
• April 29, 2028: Face value redemption of ₹3,000
• July 29, 2028: Face value redemption of ₹4,000

Listing and Rating Information

The debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. Acuite Ratings & Research Limited has assigned a rating of 'ACUITE A-' with stable outlook to these debentures. Vardhaman Trusteeship Private Limited serves as the trustee for 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.

Source:

Arman Financial Services Limited has completed the transfer of 7500 equity shares to the Investor Education and Protection Fund (IEPF) as part of its regulatory compliance obligations. The company announced this development through a formal communication to stock exchanges on January 27, 2026.

Regulatory Compliance Details

The share transfer has been executed in accordance with Section 124(6) of the Companies Act, 2013, and reported under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has filed the requisite corporate action for this mandatory transfer.

Legal Framework and Compliance

The transfer follows the applicable provisions of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended from time to time. This regulatory requirement ensures that unclaimed dividends and corresponding shares are transferred to the IEPF for investor protection purposes.

Stock Exchange Notification

Arman Financial Services Limited has formally notified both major stock exchanges about this compliance action:

• BSE Limited: Script Code 531179
• National Stock Exchange of India Limited: Symbol ARMANFIN

The notification was signed by Uttam Patel, Company Secretary, and digitally authenticated on January 27, 2026. The company's registered office is located at 502-503, Sakar III, opposite Old High Court, off Ashram Road, Ahmedabad-380014, Gujarat, India.