
Arman Financial: No Material Deviation in NCD Proceeds Use
Arman Financial Services Ltd reports no material deviations in the use of proceeds from Non-Convertible Securities (NCDs) for the quarter ended March 31, 2026. The proceeds were utilized for the purposes for which they were raised, as stated in the offer document. The company confirms compliance with Regulation 52(7) and 52(7A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Two tranches of NCDs, each raising ₹125.00 Cr via private placement, were fully utilized with no deviations.
Key Highlights
- Arman Financial confirms no deviation in NCD proceeds utilization for Q4 FY26.
- ₹250 Cr raised through private placement of NCDs fully utilized.
- Compliance with SEBI regulations 52(7) and 52(7A) confirmed.
- NCD proceeds used for original intended purposes.
Price Impact
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