Akme Fintrade (India) Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on March 20, 2026. Further, the company has informed the Exchange regarding voting results.
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Akme Fintrade held an Extraordinary General Meeting (EGM) on March 20, 2026, via video conferencing, where a single special resolution was put to vote. The resolution was to approve the issue of warrants on a preferential cum private placement basis to persons belonging to the promoter and non-promoter categories. A total of 188,191,752 shares were polled, with 99.9997% voting in favour and only 500 votes against. Promoter and promoter group voted unanimously in favour with all 149,425,860 of their shares, while public non-institutions voted 99.9987% in favour out of 38,765,892 shares. The scrutinizer confirmed the resolution was passed with the requisite majority under SEBI Listing Regulations. Voting results have been filed with the exchanges and uploaded on the company's website.
Shareholders have cleared the way for a preferential allotment of warrants to promoter and non-promoter groups, which will dilute existing equity once the warrants are exercised. Strong promoter participation signals their continued commitment to the company, though retail investors should expect potential share dilution in the coming months.