Arman Financial Services Submits Regulation 57 Certificate for Debenture Interest Payment of ₹28,72,640

1 min read     Updated on 05 May 2026, 02:58 PM
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Arman Financial Services submitted a Regulation 57 certificate to BSE Limited confirming a timely monthly debenture interest payment of ₹28,72,640 on 05/05/2026, matching the due date. The payment was made against an issue size of ₹40,00,00,000, with an interest payment record date of 20/04/2026. The previous interest payment was made on 04/04/2026, and no delays, non-payments, or frequency changes were reported. The filing was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Arman Financial Services has filed a certificate under Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with BSE Limited, confirming the timely disbursement of monthly interest to its debenture holders. The filing was made pursuant to SEBI Master Circular bearing reference no. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025, and subsequent amendments thereof. The certificate was submitted by Company Secretary Uttam Patel on behalf of the company.

Debenture Interest Payment Details

The company confirmed that the interest payment was made on its due date without any delay. The payment pertains to a monthly interest cycle, with no changes in payment frequency reported. The following table summarises the key details of the interest payment as disclosed in Annexure-A:

Parameter: Details
Issue Size (₹): 40,00,00,000/-
Interest Amount Due (₹): 28,72,640/-
Frequency: Monthly
Interest Payment Record Date: 20/04/2026
Due Date for Interest Payment: 05/05/2026
Actual Date of Interest Payment: 05/05/2026
Amount of Interest Paid (₹): 28,72,640/-
Date of Last Interest Payment: 04/04/2026
Reason for Non-Payment/Delay: N.A.

Compliance and Regulatory Context

The certificate has been submitted to BSE Limited in accordance with Chapter XIV of the SEBI Master Circular, reinforcing the company's adherence to its disclosure and payment obligations under applicable securities regulations. Copies of the communication were also circulated to Acuité Ratings & Research Limited and IDBI Trusteeship Services Limited. No change in the frequency of payment was reported, and no reasons for non-payment or delay were applicable, indicating the payment was executed as scheduled.

Historical Stock Returns for Arman Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+11.60%+8.23%+13.67%+3.64%+8.40%+202.60%

How might Arman Financial Services' consistent debenture repayment track record influence its ability to raise additional debt capital at competitive interest rates in the near future?

Given the ₹40 crore debenture issue size, what are Arman Financial Services' broader capital-raising plans to fund its microfinance or NBFC lending growth over the next 12-18 months?

How could potential changes in RBI's interest rate policy impact Arman Financial Services' cost of borrowing and its ability to sustain timely debenture interest payments going forward?

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Arman Financial Services Launches Second 100-Days 'Saksham Niveshak' Campaign to Drive KYC Updation and Prevent IEPF Transfer of Unclaimed Dividends

2 min read     Updated on 05 May 2026, 08:28 AM
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Arman Financial Services has launched its Second 100-days 'Saksham Niveshak' campaign from April 01, 2026 to July 09, 2026, in response to an IEPFA and MCA directive dated March 27, 2026. The campaign urges shareholders to update KYC details and claim unpaid or unclaimed dividends before transfer to the IEPF, with physical shareholders required to submit forms ISR-1 through SH-14 to RTA Bigshare Services Private Limited. Dividends for FY2017-18 and earlier have already been transferred to IEPF, while FY2018-19 final dividend claims can still be made directly to the RTA.

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Arman Financial Services has announced the launch of its Second 100-days Campaign — "Saksham Niveshak" — scheduled to run from April 01, 2026 to July 09, 2026. The initiative is in response to a directive issued by the Investor Education and Protection Fund Authority (IEPFA) and the Ministry of Corporate Affairs (MCA) dated March 27, 2026, calling upon companies to proactively reach out to shareholders with unpaid or unclaimed dividends. The company noted that it had already taken several proactive steps in this direction even prior to the issuance of the official intimation, including dispatching annual reminder letters to shareholders to update their details and claim their entitlements.

Campaign Objective

The primary purpose of the Saksham Niveshak campaign is to create awareness among shareholders about the importance of updating their KYC and other related details, and to encourage them to claim any unpaid or unclaimed dividends before such amounts are transferred to the Investor Education and Protection Fund (IEPF). Shareholders who do not update their details risk having their dividend amounts withheld. Only upon registering or updating the required information will shareholders become eligible to receive payments — including dividends — through electronic mode, and to lodge grievances or avail of service requests from the Registrar and Transfer Agent (RTA).

Action Required from Shareholders

Shareholders holding shares in physical form are requested to update their KYC and related information by submitting the following forms to the RTA, Bigshare Services Private Limited:

Form Purpose
Form ISR-1 Filled and signed, with self-attested KYC documents
Form ISR-2 Filled and signed, with banker's attestation of signature + original cancelled cheque (with name printed) or self-attested bank passbook/statement
Form ISR-3 For opting out of nomination
Form ISR-4 Request for issue of duplicate certificate and other service requests
Form SH-13 For adding a nominee
Form SH-14 For cancellation of nomination

These forms can be downloaded from the RTA's website or the company's official website. Documents may be submitted either by post or via email from the shareholder's registered email ID with digitally signed documents.

Submission Details

The key contact and submission details for shareholders are as follows:

Parameter Details
RTA Name Bigshare Services Private Limited
Postal Address Office No 303, Sun Square Complex, Near Chakradhari Society Bus Stop, Girish Cold Drinks Cross Road, C.G. Road, Navrangpura, Ahmedabad-380009, Gujarat, India
RTA Email bssahd@bigshareonline.com
RTA Contact No. +91 079 4919 6459
Campaign Helpdesk secretarial@armanindia.com
Submission Deadline July 09, 2026

Shareholders holding shares in electronic form who have not claimed their dividend are requested to update or modify their KYC and other details with their respective Depository Participants and intimate the updated details to the RTA.

Dividend Transfer Status and Pending Claims

The company has advised its members to claim any unpaid or unclaimed dividend amounts in respect of the final dividend for the financial year 2018-19 by sending a request to Bigshare Services Limited, the R&TA of the company. It has been noted that unpaid or unclaimed dividend amounts relating to the financial year 2017-18 and earlier have already been transferred to the IEPF. Claims in respect of such amounts are to be made directly to the IEPF Authority in accordance with applicable statutory provisions. Shareholders are urged to act promptly and submit all required documents on or before July 09, 2026 to ensure their entitlements are preserved.

Historical Stock Returns for Arman Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+11.60%+8.23%+13.67%+3.64%+8.40%+202.60%

How might Arman Financial Services' shareholder response rate to the Saksham Niveshak campaign compare to industry benchmarks, and what percentage of unclaimed dividends could realistically be recovered before the July 2026 deadline?

If a significant portion of the 2018-19 final dividend remains unclaimed after July 09, 2026, what financial and regulatory consequences could Arman Financial Services face upon mandatory transfer to IEPF?

Could the IEPFA's March 2026 directive signal a broader regulatory push toward stricter enforcement of unclaimed dividend recovery across Indian listed companies, and how might this reshape corporate investor relations practices?

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