The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akme Bujild Estate Ltd
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Akme Build Estate Limited, a member of the promoter group, sold its entire holding of 8,45,000 equity shares (0.20% of total share capital) of Akme Fintrade (India) Limited through open market transactions on June 4, 2025. The disclosure was filed under SEBI Regulation 29(2) of the Takeover Regulations, 2011. After this sale, the promoter entity's holding in the company is reduced to zero shares. The total equity share capital of Akme Fintrade is Rs. 8,45,000 divided into 8,45,000 equity shares of Rs. 1 each, indicating a very small-cap company. This is a complete exit by one promoter group entity rather than a partial reduction.
Minimal impact on shareholders — the sale represents only 0.20% of total share capital and is unlikely to move the stock price meaningfully. The complete exit of one promoter entity signals a small internal restructuring within the promoter group rather than a loss of confidence.