Arman Financial Services Limited — QIP/Rights/Pref., 01-07-2025: Allotment of Securities

Arman Financial Services has announced a board meeting on the allotment of 4,200 Senior Secured Non-Convertible Debentures (NCDs) worth Rs 42 Cr at a face value of Rs 1 lakh each, via private placement. These 5-year NCDs carry an 11.10% fixed annual coupon, paid semi-annually. Principal repayment is structured with 99.99% due in 2 years and the balance at maturity in 5 years. The debentures are secured by book debts and rated CARE A-; Negative. This issue aims to raise funds through debt without impacting promoter holding.