Description

BSE announces listing of new debt securities worth Rs. 75 crore issued by Arman Financial Services Limited on private placement basis, carrying 11.35% interest rate.

Summary

BSE has listed new debt securities issued by Arman Financial Services Limited on private placement basis effective December 5, 2025. The securities consist of 75,000 debentures with a face value of Rs. 10,000 each, carrying an interest rate of 11.35% per annum with quarterly interest payments.

Key Points

  • Quantity: 75,000 debentures (Rs. 75 crore total)
  • Face Value: Rs. 10,000 per debenture
  • Issue Price: Rs. 10,000 per debenture
  • Interest Rate: 11.35% per annum (quarterly payments)
  • Date of Allotment: December 4, 2025
  • Redemption Date: December 5, 2027
  • Credit Rating: ACUITE A-/Stable
  • ISIN: INE109C07121
  • Scrip Code: 977345
  • Scrip ID: 1135AFSL27
  • Market Lot: 1
  • Tick Size: 1 paise
  • Trading Mode: Dematerialised form only
  • Put/Call Option: Not Applicable

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities issued on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE109C07121
  • Members should refer to the Placement Memorandum available at: https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • For clarifications, trading members may contact the debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: December 5, 2025
  • Date of Allotment: December 4, 2025
  • Interest Payment Period: Quarterly from March 5, 2026 to December 5, 2027
  • First Interest Payment: March 5, 2026
  • Maturity/Redemption Date: December 5, 2027

Impact Assessment

Market Impact: Minimal. This is a routine listing of privately placed debt securities for a single company with no broader market implications.

Operational Impact: Trading members can now trade these debt securities on BSE Debt segment. The securities are available for institutional and eligible investors in dematerialised form.

Investor Impact: Provides fixed-income investment opportunity with 11.35% annual return for investors holding until maturity (2-year tenure). Credit rating of ACUITE A-/Stable indicates moderate credit quality with adequate safety.

Impact Justification

Routine debt securities listing for a single company with limited market-wide impact