Arman Financial Services Limited — Important, 21-03-2025: General Updates
21-03-2025 · 05:59 pm
The Finance & Investment Committee of Namra Finance Limited, a material subsidiary of Arman Financial Services Limited, has approved selling stressed assets, including a portfolio of unsecured microfinance loans valued at Rs. 186.99 Cr, with a reserve price of Rs. 35 Cr. The company is actively seeking Expressions of Interest from Asset Reconstruction Companies (ARCs). This move could enhance the financial health of Arman Financial by reducing non-performing assets, thereby potentially improving investor sentiment due to better asset management and strategic financial positioning.
No comments yet. Be the first to comment!
