Investment3 Jun 2026, 01:20 pm
Aryaman Financial Services Invests ₹80 Lakh in Subsidiary
AI Summary
Aryaman Financial Services Ltd has invested ₹79,99,920 in its wholly-owned subsidiary, Aryaman Finance (India) Limited, through a rights issue. The subsidiary allotted 55,555 equity shares at ₹144 each, comprising a face value of ₹10 and a premium of ₹134. This investment aims to expand business operations, drive growth, increase revenue, and enhance market share in the financing and money lending sector. The transaction is considered a related party transaction but has been conducted at arm's length with Audit Committee approval.
Key Highlights
- Investment of ₹79.99 Lakhs in wholly-owned subsidiary.
- Subsidiary Aryaman Finance (India) Limited allotted 55,555 equity shares.
- Investment aims to expand financing and loan business operations.
- Transaction is a related party deal at arm's length.
- Company holds 99% shareholding in the subsidiary.
Price Impact
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