Arman Financial Services Limited — QIP/Rights/Pref., 14-06-2025: Issue of Securities

Arman Financial Services is raising Rs. 42 Cr through 4,200 senior, secured, rated, listed non-convertible debentures (NCDs) via private placement. Each NCD has a face value of Rs. 1 lakh, with a 5-year tenure and a fixed interest rate of 11.10% p.a., paid semi-annually. Principal repayment is mostly scheduled after 3 years, with the remainder at maturity. The NCDs are backed by book debts and will be listed on BSE. Funds are expected to strengthen the company’s balance sheet.