This is to inform you that Company has received a sanction of term loan from M/s. Tourism Finance Corporation of India Ltd.
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Akme Fintrade (India) Limited has received a sanctioned term loan of Rs. 10 Crores (Ten Crores) from Tourism Finance Corporation of India Ltd. The intimation was filed with both NSE and BSE on 27th June 2025. As a non-banking finance company (NBFC), this additional credit facility is likely to be used to expand the company's lending portfolio. The sanction comes from a government-backed financial institution, which adds credibility to the arrangement.
Positive for shareholders as the fresh Rs. 10 Crore term loan strengthens the company's borrowing capacity and supports business growth, though it also adds to overall debt obligations.