Aryaman Financial Services Limited has made a disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding an investment in its wholly-owned subsidiary.
The company's subsidiary, Aryaman Finance (India) Limited, allotted 3,48,000 equity shares to Aryaman Financial Services Limited on August 27, 2026. The shares were issued at a price of ₹144 per share, consisting of ₹10 face value and ₹134 premium per equity share.
The total investment amount aggregates to ₹5,01,12,000 (Five crore one lakh twelve thousand rupees) for cash consideration through a Rights Issue.
The transaction qualifies as a related party transaction since Aryaman Finance (India) Limited is a wholly-owned subsidiary of the company. However, the disclosure confirms that the transaction was conducted at "arm's length" and necessary approvals from the Audit Committee were obtained.
Aryaman Finance (India) Limited has an authorized capital of ₹12,00,00,000 and operates in the financing and money lending business, providing secured and unsecured loans to individuals, firms, and corporates. The subsidiary also offers financial services including bill discounting, factoring, and guarantees (excluding banking business as per the Banking Regulation Act, 1949).
The purpose of this investment is to expand business operations on a large scale, drive growth, increase revenue, and enhance market share. The acquisition aligns with the main line of business of the listed entity.
Following this transaction, Aryaman Financial Services Limited maintains 99% shareholding in its subsidiary. No governmental or regulatory approvals were required for this acquisition.
The subsidiary was incorporated on January 31, 2025, and therefore does not have a three-year turnover history yet.