This is to inform you that Company has received sanction of term loan from M/s. Hinduja Leyland Finance Limited.
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Akme Fintrade (India) Limited has received a sanction for a new term loan from M/s Hinduja Leyland Finance Limited. The company has disclosed this to the stock exchange but has not shared the loan amount, tenure, or interest rate details in this filing. Hinduja Leyland Finance is a well-known non-banking financial company (NBFC) that lends primarily to commercial vehicle and equipment buyers. As a fintech and lending company itself, Akme Fintrade raising debt from an NBFC points to ongoing capital-raising activity to support its lending operations.
This is a routine disclosure indicating fresh borrowing capacity, which could support business growth but also adds to the company's debt obligations. Shareholders should watch for further details on loan size and terms in upcoming filings, as larger borrowings can affect leverage and interest costs.