This is to inform you that Company has received a sanction of term loan from M/s. Poonawalla Fincorp Limited.
AFIL · price
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Awaiting price reaction for this filing.
Akme Fintrade (India) Limited has received a sanction of a term loan of Rs. 12 crore from Poonawalla Fincorp Limited. The company informed both NSE and BSE about this new borrowing on June 11, 2025. The loan will be used by the company, though specific end-use details were not disclosed in the filing. The information has also been posted on the company's website.
This new term loan of Rs. 12 crore expands the company's debt capacity and provides additional funding for business growth. For shareholders, it signals continued lender confidence in the company, though it also increases the company's debt obligations and future interest expense.