Arman Financial Services Limited (ARMANFIN)
Intimation regarding the demise of Mr. Jayendra B Patel, Founder and Whole-time Director of the Company
Intimation of the demise of Mr. Jayendra B. Patel, Founder and Whole-time Director, on August 25, 2026.
- Mr. Patel founded Arman Financial Services in 1992 and led it for over three decades.
- His leadership emphasized disciplined growth, integrity, and financial inclusion.
- He transitioned to Whole-time Director in Feb 2026, mentoring leadership.
- The company mourns his loss and honors his legacy of responsible finance.
- Vice Chairman & MD Aalok Patel shared a personal remembrance highlighting his father's values and impact.
Source: Original filing PDF
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PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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