Disclosures

Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

| Updated on: Feb 11, 2011

Arman Financial Services Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE The Company has informed BSE that promoters have paid back the loan taken from IDBI Bank Ltd. There is no pledged shares of promoters / promoters group of the Company and all shareholding is free from pledge w.e.f January 27, 2011. Date of Reporting : February 08, 2011 Name of the Company : Arman Financial Services Ltd Total no of outstanding shares of the Company : 4076600 Name of the Entity : Jayendra Patel Details of Transaction Date of Transaction : January 27, 2011 Number of Shares Revoked : 213072 Aggregate details after the transaction Total no of shares held by the entity in the company : 213072 Total No of shares pledged : NIL % of total shares pledged to total no of shares held by the entity in the Company : 0 % of shares pledged to total no of outstanding shares of the Company : 0.00 Name of the Entity : Ritaben Patel Details of Transaction Date of Transaction : January 27, 2011 Number of Shares Revoked : 73260 Aggregate details after the transaction Total no of shares held by the entity in the company : 73260 Total No of shares pledged : NIL % of total shares pledged to total no of shares held by the entity in the Company : 0 % of shares pledged to total no of outstanding shares of the Company : 0.00 Name of the Entity : Aakash J Patel Details of Transaction Date of Transaction : January 27, 2011 Number of Shares Revoked : 29900 Aggregate details after the transaction Total no of shares held by the entity in the company : 29900 Total No of shares pledged : NIL % of total shares pledged to total no of shares held by the entity in the Company : 0 % of shares pledged to total no of outstanding shares of the Company : 0.00 Name of the Entity : Aalok J Patel Details of Transaction Date of Transaction : January 27, 2011 Number of Shares Revoked : 201790 Aggregate details after the transaction Total no of shares held by the entity in the company : 201790 Total No of shares pledged : NIL % of total shares pledged to total no of shares held by the entity in the Company : 0 % of shares pledged to total no of outstanding shares of the Company : 0.00 Name of the Entity : Rita J Patel Details of Transaction Date of Transaction : January 27, 2011 Number of Shares Revoked : 156550 Aggregate details after the transaction Total no of shares held by the entity in the company : 156550 Total No of shares pledged : NIL % of total shares pledged to total no of shares held by the entity in the Company : 0 % of shares pledged to total no of outstanding shares of the Company : 0.00 Name of the Entity : Jayendra B Patel Details of Transaction Date of Transaction : January 27, 2011 Number of Shares Revoked : 196000 Aggregate details after the transaction Total no of shares held by the entity in the company : 196000 Total No of shares pledged : NIL % of total shares pledged to total no of shares held by the entity in the Company : 0 % of shares pledged to total no of outstanding shares of the Company : 0.00 Name of the Entity : Aakash Patel Details of Transaction Date of Transaction : January 27, 2011 Number of Shares Revoked : 203240 Aggregate details after the transaction Total no of shares held by the entity in the company : 203240 Total No of shares pledged : NIL % of total shares pledged to total no of shares held by the entity in the Company : 0 % of shares pledged to total no of outstanding shares of the Company : 0.00 Name of the Entity : Namra Holding & Conslt Pvt Ltd Details of Transaction Date of Transaction : January 27, 2011 Number of Shares Revoked : 165400 Aggregate details after the transaction Total no of shares held by the entity in the company : 165400 Total No of shares pledged : NIL % of total shares pledged to total no of shares held by the entity in the Company : 0 % of shares pledged to total no of outstanding shares of the Company : 0.00

Source : BSE - >www.bseindia.com

Published on February 11, 2011

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