AFIL: Akme Fintrade (India) Limited has informed the Exchange that Company has received a Sanction of term loan from MAS Financial Services Limited.
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Akme Fintrade (India) Limited has received a sanction for a term loan of Rs. 8 crores (Rs. 8,00,00,000) from MAS Financial Services Limited. The intimation was made to the stock exchanges on 31st March 2026 by the Company Secretary, Manoj Kumar Choubisa. The loan is a fresh debt facility sanctioned to the company, though the purpose (business expansion, lending, or working capital) is not specified in the filing. The company is an NBFC (non-banking financial company), so such borrowings are typically used to on-lend or fund operations.
This fresh Rs. 8 crore term loan increases the company's debt obligations but also provides additional capital for business growth. For shareholders, it signals continued lender confidence in the company, though it adds to interest costs and leverage.