This is to inform you that Akme Fintrade (India) Limited has enter into a Direct Assignment transaction with MAS Financial Services Limited.
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Akme Fintrade (India) Limited has entered into a Direct Assignment transaction with MAS Financial Services Limited to assign a pool of two-wheeler loan receivables with a principal amount of Rs. 14,12,77,515 (approximately Rs. 14.13 crores). A Direct Assignment is a common practice where an NBFC sells its loan portfolio to another lender to free up capital and improve liquidity. The transaction is described as part of ordinary course of business and is in line with RBI Master Directions. No deviations from regular business operations were noted.
This is a routine balance-sheet management activity for an NBFC and is unlikely to materially move the stock price. It signals ongoing business activity and liquidity optimisation but does not indicate any strategic shift or exceptional event.