The Board of Arman Financial Services Ltd has approved the fund raising option through one or more Qualified Institutions Placement of equity shares, compulsory convertible debentures / other convertible securities / warrants or a combination thereof for an aggregate amount of Rs. 125 cr. subject to the approval of shareholders and/or other regulatory / statutory approvals.
Shares of ARMAN FINANCIAL SERVICES LTD. was last trading in BSE at Rs.541 as compared to the previous close of Rs. 555.35. The total number of shares traded during the day was 588 in over 59 trades.
The stock hit an intraday high of Rs. 556.5 and intraday low of 540. The net turnover during the day was Rs. 318498.