Akme Fintrade (India) Limited has informed the Exchange regarding allotment of 50000 Debentures pursuant to Non Convertible Debenture through Private Placement at its meeting held on August 22, 2025
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On the reaction day the stock moved 5.2 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Akme Fintrade (India) Limited has allotted 50,000 Listed, Rated, Senior, Secured, Redeemable Non-Convertible Debentures (NCDs) of ₹10,000 each, aggregating to ₹50 crore, through private placement to eligible investors. The NCDs carry a coupon rate of 12% per annum, with monthly interest payments and principal repayment at maturity. The tenure is 24 months, maturing on August 22, 2027, and the issue will be listed on NSE. The NCDs are secured by loan receivables with a minimum security cover of 1.20x, with a 2% penal interest in case of default. The Board also appointed M/s Pachori Rupesh & Associates as the Internal Auditor for FY 2025-26.
This ₹50 crore NCD raise at a 12% coupon reflects the company's reliance on relatively high-cost debt funding, likely to support its lending operations. The monthly interest outflow and 2-year maturity mean shareholders should monitor the company's ability to service this debt from its loan book returns. The high coupon may slightly weigh on sentiment, but successful private placement completion is a positive operational signal.