ARMANFINNon Banking Financial Company (NBFC)Market Cap₹2K Cr
Stake
0.05% → 0.04%
Deal value
₹10.00 L
Shares
500
Trade date
28 Aug 2026
Since alert−22.5%₹1,980.70 → ₹1,535.50
Nifty 50−3.9%
HI
Himani Manakiwala
Promoter
The move
Promoter group member Himani Manakiwala sold 500 shares of Arman Financial Services for ₹10.17 lakh at ₹2,034.20 apiece in the open market, reducing her stake from 0.05% to 0.04%.
An RBI-registered category 'A' Non-Banking Finance Company headquartered in Ahmedabad, Arman Financial provides loans to unorganized sector borrowers in rural and semi-rural areas across six states. The company operates through approximately 400 branches serving a large customer base and offers three financial services: two-wheeler finance, group-based microfinance, and micro-enterprise loans to underbanked communities.
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