Akme Fintrade (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/10/2025 ,inter alia, to consider and approve Akme Fintrade (India) ....
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Akme Fintrade (India) Ltd has informed the stock exchanges that its Board of Directors will meet on October 9, 2025. The key agenda item is to consider and approve a fresh issue of Senior, Secured, Rated, Listed and Transferable Non-Convertible Debentures (NCDs) of up to INR 35 Crores. The issue will be done on a private placement basis, potentially in one or more tranches. The company is a non-banking financial company (NBFC) based in Rajasthan. No coupon rate or maturity details have been disclosed yet.
For shareholders, this is a debt-raising exercise that will increase the company's borrowings without diluting equity. The market may react based on the coupon rate, credit rating, and end-use of funds, all of which are yet to be disclosed.