This is to inform you that Company has received a sanction of term loan from M/s. Union Bank Of India.
AFIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Akme Fintrade (India) Limited has received a sanctioned term loan of Rs. 25 crore from Union Bank of India. The company announced this through a filing dated 16th June 2025, addressed to both NSE and BSE. The funds are expected to support the company's lending or operational activities. No specific end-use of the loan amount has been disclosed in the filing.
Securing a Rs. 25 crore term loan from a public sector bank like Union Bank of India signals lender confidence and provides additional capital for business expansion. This is a positive development for shareholders as it strengthens the company's funding base without indicating any stress.