Arman Financial Services Ltd has announced that its board will consider raising funds through the issuance of listed Non-Convertible Debentures (NCDs). The move is aimed at strengthening the company’s capital base, supporting lending operations, and ensuring long-term growth. The proposal reflects a strategic approach to diversified funding and investor engagement.
Arman Financial Services Ltd, a leading non-banking financial company (NBFC), has disclosed plans to evaluate fundraising through listed Non-Convertible Debentures (NCDs). The proposal will be taken up in the upcoming board meeting, signaling the company’s intent to expand its funding avenues and reinforce its financial flexibility.
Key Highlights:
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Fundraising Instrument: Listed Non-Convertible Debentures (NCDs), offering fixed returns to investors.
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Objective: Strengthen capital base, support lending operations, and enhance liquidity.
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Strategic Rationale: Diversify funding sources beyond traditional bank borrowings and equity.
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Investor Impact: Provides an opportunity for investors to participate in secured debt instruments with predictable yields.
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Market Context: NBFCs are increasingly turning to NCDs to meet regulatory capital requirements and fuel growth.
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Next Steps: Proposal to be reviewed and approved in the upcoming board meeting, subject to regulatory compliance.
This initiative underscores Arman Financial Services’ proactive approach to capital management, ensuring sustainable growth while offering investors a stable debt instrument in a volatile market environment.
Sources: BSE Corporate Filings, Moneycontrol, Economic Times Markets