Announced Sat, 27 Dec · 13:26 IST

Receipt of Certificate of Registration as a NBFC (NBFC-ND-ICC) by Aryaman Finance (India) Limited, a Wholly Owned Subsidiary

Regulatory Product ApprovalBusiness Updates View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Aryaman Financial Services Ltd has informed the BSE that its wholly owned subsidiary, Aryaman Finance (India) Limited, received a Certificate of Registration from the Reserve Bank of India on December 24, 2025 to operate as a Non-Banking Financial Company (Type II NBFC-ND-ICC). The subsidiary was incorporated earlier in 2025, with additional capital infused subsequently. The NBFC licence allows the subsidiary to carry on the business of a non-banking financial institution, but it is not valid for accepting public deposits. The listed parent company stated the impact on itself as 'Not Applicable' in its disclosure.

Likely market impact

This is a structural milestone — the subsidiary can now begin NBFC operations, potentially opening a new revenue stream for the group over time. In the near term, no immediate financial impact on the parent, and the NBFC cannot accept public deposits, limiting its funding options.