Akme Fintrade (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/08/2025 ,inter alia, to consider and approve fresh issue of Secured ....
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Akme Fintrade (India) Ltd has informed the exchanges that its Board of Directors will meet on Tuesday, 5th August 2025. The key agenda item is to consider and approve a fresh issue of Secured Non-Convertible Debentures, Perpetual Debt Instruments, Unsecured Subordinated NCDs, bonds, or other debt securities up to INR 50 Crores. The issue will be done on a private placement basis, possibly in multiple tranches. Akme Fintrade is an NBFC, so this fundraising is likely aimed at supporting its lending operations and business growth.
This is a standard debt-raising move by the NBFC to bolster its capital base. Since the securities are on private placement and the coupon rate is not disclosed yet, there is no immediate dilution risk for equity shareholders, but the cost and terms will matter once announced.