Akme Fintrade (India) Fund Raise
Akme Fintrade (India) Limited allotted convertible warrants to eight investors on a preferential basis. The warrants are exercisable into equity shares within 18 months.
- Execution
- 18 months
ALFA Filings
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8 announcements with these filters
Akme Fintrade (India) Limited allotted convertible warrants to eight investors on a preferential basis. The warrants are exercisable into equity shares within 18 months.
Akme Fintrade (India) Limited allotted 4.75 Crore convertible warrants at ₹7 each on a preferential basis. The company received ₹8.31 Crore upfront, representing 25% of total subscription.
Akme Fintrade (India) Ltd issued 2.00 Crore convertible warrants at ₹7 each via preferential allotment. The ₹14.00 Crore fundraise will support future capital requirements.
Akme Fintrade (India) Limited allotted 1,00,00,000 convertible warrants to promoter Nirmal Kumar Jain at ₹7.00 Crore. This preferential issue increases promoter-group voting rights to 22.61%.
Akme Fintrade (India) Limited allotted convertible warrants via a preferential issue at Rs. 7 each. Allottees paid 25% upfront, with 18 months to exercise conversion options.
Akme Fintrade (India) Limited allotted 7.50 Crore warrants on a preferential basis, raising ₹52.50 Crore. Warrants are convertible into equity shares within 18 months.
Akme Fintrade received exchange approvals for issuing 12.25 crore warrants on a preferential basis. The ₹85.75 Crore fundraise will strengthen the company's capital position.
Akme Fintrade (India) Limited confirmed the full utilization of ₹30 Crore raised through private placement of secured non-convertible debentures. The company reported zero deviation in the use of proceeds for the quarter ended March 31, 2026, as reviewed by the Audit Committee.