Akme Fintrade (India) Limited has informed the exchange regrading appointment of Mr. Kamlesh Jain as an Additional Executive Director of the Company.
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Akme Fintrade reported strong financial performance for FY2026 with total income of Rs 149.10 crore, up 45% from Rs 102.72 crore in FY2025. Net profit grew 27% to Rs 42.32 crore from Rs 33.23 crore, while EPS improved to Rs 0.99 from Rs 0.83. Total assets increased to Rs 934.29 crore from Rs 675.36 crore. The company also appointed Mr. Kamlesh Jain as Additional Executive Director (effective May 6, 2026). He is an internal promotion who has led the Commercial Vehicle lending division for over a decade. Additionally, Ms. Latika Jain was appointed as Internal Auditor for FY2026-27. The filing also disclosed related party transactions with promoter family members including security deposits of Rs 950 lakhs and fixed asset purchases of Rs 700 lakhs with Akme Build Estate Limited.
The appointment of Mr. Kamlesh Jain, an internal leader from the CV finance business, strengthens executive capacity without introducing external governance risks. The strong financial growth and healthy asset quality metrics (CRAR at 46.23%, Gross NPA at 1.41%) support operational stability. Related party disclosures with promoter entities warrant continued monitoring.