Held on 12 April 2018
Arman Financial Services announced that the Board of Directors at its meeting held on 12 April 2018 has -Allotted 16,66,667 unsecured compulsorily convertible debentures of the Company ('CCDs') having a face value of INR 300/- (Indian Rupees Three Hundred Only) to SAIF Partners India V Limited ('Investor') pursuant to shareholder's resolution passed at EGM held on 29 March 2018.
Appointed Mridul Arora (Nominee of SAIF Partners India V Limited) as a Non-Executive Additional Director of the Company w.e.f. 12 April 2018.
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