<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
ARMANFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arman Financial Services has submitted its initial disclosure to BSE and NSE as required under SEBI's Master Circular dated May 22, 2024, which governs fund raising by issuance of debt securities by large corporates. The company reported outstanding borrowings of Rs. 409.98 crore as on March 31, 2025. Its highest credit rating during the previous financial year was ACUITE A (stable), assigned by Acuité Ratings & Research Limited. Importantly, the company has confirmed that it does NOT meet the criteria to be classified as a Large Corporate under the SEBI framework, and therefore the fine-related provisions for shortfall in debt issuance do not apply to it.
This is a routine annual compliance filing with no material impact on shareholders. It confirms Arman Financial does not fall in the 'Large Corporate' bracket, meaning it is not obligated to raise a minimum portion of borrowings through listed debt securities. The A(stable) credit rating signals healthy credit quality.