AFILBSEAkme Fintrade (India) LtdMediumNeutral
Announced Wed, 6 May · 19:52 IST

Akme Fintrade (India) Limited has informed the exchange regrading appointment of Ms. Latika Jain as an Internal Auditor of the Company.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+2.7%1-day move
₹9.01
prior close
₹9.35
base price
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-0.9-0.1-0.1-1.1+2.7+0.3+1.3+3.2+0.9-2.1+12.0+12.9+9.9
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AI summary

Akme Fintrade's Board meeting on May 06, 2026 approved three key items: (1) Audited financial results for Q4 and FY2026 showing total income of Rs 14,910.43 lakhs and net profit of Rs 4,232.14 lakhs, up from Rs 10,272.07 lakhs and Rs 3,323.19 lakhs respectively in FY2025; (2) Appointment of Mr. Kamlesh Jain as Additional Executive Director; and (3) Appointment of Ms. Latika Jain as Internal Auditor for FY 2026-27. Ms. Jain is a Chartered Accountant with expertise in audit and financial compliance. The company also disclosed related party transactions with promoter family members including Managing Director Nirmal Kumar Jain and relatives, along with NCD compliance details showing all security covers maintained above required levels.

Likely market impact

The strong financial performance with 27% profit growth is positive for shareholders. The appointment of a qualified Chartered Accountant as Internal Auditor strengthens governance controls. No immediate stock impact expected from routine appointments.