Akme Fintrade (India) Limited appointed Mr. Kamlesh Jain as Executive Director for a five-year term and Ms. Latika Jain as Internal Auditor. Mr. Jain brings over a decade of experience in commercial vehicle lending, while Ms. Latika Jain is a Chartered Accountant specializing in financial compliance.
Akme Fintrade (India) Limited reported a total income of ₹149.10 Crore and a net profit of ₹42.32 Crore for the year ended March 31, 2026. The board also approved the appointment of Mr. Kamlesh Jain as Additional Executive Director and Ms. Latika Jain as Internal Auditor.
Akme Fintrade (India) Ltd issued clarifications for its March 2026 EGM, confirming SEBI Regulation 166A is not applicable to its proposed preferential issue. The company clarified that no allottee will hold over 5% post-issue capital, thus a valuation report from an Independent Registered Valuer was not mandatory.
Akme Fintrade (India) Limited submitted its annual disclosure for the centralized database of corporate bonds and debentures for FY 2025-26. The report details six NCD listings on the NSE and confirms the company has maintained a clean record with no defaults or delays in servicing debt securities during the financial year.
Akme Fintrade (India) Limited has opened a new branch office in Dhariyawad, Rajasthan. This expansion aims to strengthen the company's business operations and regional presence in the Pratapgarh district. The new branch is located on Salumber Road, near Sai Bike Hero.
Akme Fintrade (India) Ltd (AFIL) submitted its initial disclosure for FY 2026-27 under the SEBI Large Corporate framework. The company reported outstanding borrowings of ₹448.94 Crore and a BBB+/Stable credit rating. AFIL confirmed it is not classified as a Large Corporate for the current financial year.
Akme Fintrade (India) Limited submitted its half-yearly ISIN specifications for debt securities as of March 31, 2026. The report details five NCD issuances totaling ₹150 Crore in principal amount. All instruments carry interest rates between 11.50% and 12% with maturities ranging from 2027 to 2029.
Akme Fintrade (India) Limited has scheduled a Board Meeting on May 6, 2026, to consider and approve its audited standalone yearly financial results for the period ended March 2026. The company also confirmed that its trading window is closed from April 1, 2026, until May 15, 2026.
Akme Fintrade (India) Ltd has scheduled a Board of Directors meeting on May 06, 2026. The board will consider and approve audited financial results for the quarter and year ended March 31, 2026. Consequently, the trading window for company shares remains closed until 48 hours after the results announcement.
Akme Fintrade (India) Limited has received a sanction for a ₹15 Crore Term Loan from Shriram Finance Limited. This fresh credit facility strengthens the company's liquidity position for its ongoing operations and financial requirements.
Akme Fintrade (India) Ltd has submitted an application to BSE and NSE for the reclassification of Star Housing Finance Limited from the 'Promoter Group' to the 'Public' category. The entity currently holds zero shares in the company. This regulatory move follows earlier intimations and is subject to exchange approval.
Akme Fintrade (India) Limited confirmed the timely payment of interest totaling ₹0.70 Crore for two NCD series on April 22, 2026. The payments were made for ISINs INE916Y07032 and INE916Y07065, maintaining the company's debt service compliance under SEBI LODR Regulations.
Akme Fintrade (India) Limited announced the allotment of Non-Convertible Debt Securities on April 20, 2026. This follows a board approval originally granted on December 13, 2025. The issuance strengthens the company's debt profile while the paid-up share capital remains unchanged at approximately ₹42.67 Crore.
Akme Fintrade (India) Limited allotted 50,000 Secured, Rated, Non-Convertible Debentures (NCDs) aggregating to ₹50.00 Crore on a private placement basis. The NCDs carry an 11.25% coupon rate and a 36-month tenure. The Board also approved the re-classification of Star Housing Finance Limited from 'Promoter Group' to 'Public' category.
Akme Fintrade (India) Limited received a request from Star Housing Finance Limited to reclassify its status from 'Promoter Group' to 'Public'. Star Housing Finance Limited currently holds zero shares in the company. The request is subject to approval by the Board of Directors and relevant stock exchanges.
Akme Fintrade (India) Limited received a credit rating upgrade from Acuité Ratings & Research. Long-term ratings for Rs. 855 Crore in bank facilities and NCDs were upgraded to 'ACUITE A-' with a Stable outlook, reflecting sustained loan portfolio growth and healthy capital structure.
Akme Fintrade (India) Limited has approved the issuance of senior, secured, rated, non-convertible debentures (NCDs) worth up to ₹50 Crore. The NCDs will be issued on a private placement basis in one or more tranches and proposed for listing on the NSE. The company will maintain a minimum security cover of 1.10x.
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