Announced Wed, 3 Jun · 13:17 IST

Announcement under regulation 30 (LODR) - Investment in Aryaman Finance (India) Limited , a Wholly Owned Subsidiary

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AI summary

Aryaman Financial Services Ltd has invested approximately Rs. 79.99 lakhs in its wholly owned subsidiary, Aryaman Finance (India) Limited, by subscribing to 55,555 equity shares at Rs. 144 each (Rs. 10 face value + Rs. 134 premium) through a rights issue on June 3, 2026. The investment was made for cash consideration and the subsidiary is engaged in financing, money lending, bill discounting, factoring, and providing loans to individuals, firms, and corporates. The company already holds 99% in the subsidiary, and this investment is aimed at expanding business operations, driving growth, and increasing market share. The transaction qualifies as a related party transaction and has been approved by the Audit Committee at arm's length terms.

Likely market impact

The investment strengthens the company's holding in its core financing subsidiary and supports growth in its main lending business. Given the relatively modest size of the infusion (~Rs. 80 lakhs), the direct impact on the parent's financials is likely limited, though it enables the subsidiary to scale up its loan and financing activities.