Akme Fintrade (India) Debt & Borrowing: ₹50 Cr
Akme Fintrade's board approved ₹50 Crore secured NCD allotment in two series. Series A1 (24 months, 11.40%) and A2 (30 months, 11.60%) will be listed on NSE.
- Value
- ₹50.00 Cr
ALFA Filings
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Every Akme Fintrade (India) debt & borrowing announcement on NSE and BSE, newest first, each with its own page.
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Akme Fintrade's board approved ₹50 Crore secured NCD allotment in two series. Series A1 (24 months, 11.40%) and A2 (30 months, 11.60%) will be listed on NSE.
Akme Fintrade (India) Limited is raising Rs.25 Crore through the issuance of non-convertible debentures. The debt securities are proposed to be listed on the NSE.
Akme Fintrade (India) Ltd approved the issuance of secured, rated, non-convertible debentures (NCDs) aggregating to ₹50 Crore on a private placement basis.
Akme Fintrade (India) Ltd has received a term loan sanction of Rs. 10 Crore from City Union Bank Limited.
Akme Fintrade allotted non-convertible debt securities on 10 Sept 2026. No specific allotment value is disclosed in the filing.
Akme Fintrade allotted 50,000 secured NCDs aggregating ₹50 Crore across two series via private placement. The 24 and 30-month tenors carry coupons of 11.40% and 11.60% respectively.
Akme Fintrade (India) Limited's board approved the issuance of 25,000 non-convertible debt securities. The private placement aims to raise ₹25 Crore with an 11.40% coupon rate.
Akme Fintrade (India) Limited's Loan & Investment Committee approved the private placement of non-convertible debentures (NCDs) worth Rs. 50 Crore in two tranches.
Akme Fintrade (India) Ltd secured a term loan of ₹15 Crore from Tourism Finance Corporation of India Limited. This debt sanction bolsters the company's capital resources.
Akme Fintrade (India) Ltd has been sanctioned a Term Loan of ₹20 Crore by the Small Industries Development Bank of India (SIDBI).