Akme Fintrade (India) Issues Clarifications on EGM Explanatory Statement Under SEBI Regulation 30

Akme Fintrade (India) Limited has filed a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, providing clarifications and updates to the Explanatory Statement forming part of the Notice of its Extra-Ordinary General Meeting (EGM). The EGM in question was held on 20.03.2026, and the clarifications address specific observations raised with respect to the Notice, Explanatory Statement, and Corrigendum that were circulated to shareholders.

Non-Applicability of Regulation 166A

The company has clarified that Regulation 166A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 is not applicable to its proposed preferential issue. The key reason cited is that no allottee under the proposed allotment will hold 5% or more of the post-issue fully diluted share capital of the company. Consequently, the requirement to obtain a valuation report from an Independent Registered Valuer, as mandated under Regulation 166A, is not attracted in this case.

The company further stated that the issue price has been determined in compliance with the applicable provisions of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable laws. Therefore, disclosures relating to the applicability of Regulation 166A and an Independent Registered Valuer's valuation were not required to be included in the Notice and Explanatory Statement.

The following key details from the Explanatory Statement have been highlighted as part of the clarification:

Parameter:	Details
Point (v) – Valuation Report:	To be read with Point (v) of the Corrigendum dated 12th March, 2026. The company obtained the Valuation Report on a voluntary basis in accordance with the provisions of the Companies Act, 2013.
Point (viii) – Valuer Name & Address:	Mr. Shreyansh M Jain, Registered Valuer (IBBI R. No.: IBBI/RV/03/2019/12124), 102, Kautilya, F P No. 327, Khatodara, Surat - 395002, GJ, IN.

Direct Link to PCS Certificate

In response to the observation pertaining to point no. (xxvii) of the Explanatory Statement, the company has provided the direct link to the PCS Certificate for shareholder and exchange reference. The certificate is accessible at:

https://www.akmefintrade.com/wp-content/uploads/2026/02/PCS-Certificate.pdf

The disclosure was signed by Manoj Kumar Choubisa, Company Secretary and Compliance Officer (M. No.: A66176), on behalf of Akme Fintrade (India) Limited, and has been submitted to both the National Stock Exchange of India Limited and BSE Limited for their records.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.77%	-0.11%	+7.02%	+22.15%	+29.91%	-32.61%

Akme Fintrade (India) Limited has officially opened a new branch office in Dhariyawad, Rajasthan on May 1, 2026, marking another significant step in the company's expansion strategy. The development was formally communicated to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Branch Office Details

The new branch office has been established to strengthen the company's presence and business operations in the Dhariyawad region of Rajasthan. The strategic location is expected to enhance the company's service delivery capabilities in the area.

Parameter:	Details
Branch Name:	Akme Fintrade India Limited – Dhariyawad Office
Complete Address:	Near Sai Bike Hero, Near Sukhil Nadi, Salumber Road
District:	Dhariyawad District, Pratapgarh
State:	Rajasthan
Pin Code:	312625
Opening Date:	May 1, 2026

Regulatory Compliance and Filing

The company has fulfilled its regulatory obligations by formally notifying both the National Stock Exchange of India Limited (Symbol: AFIL) and BSE Limited (Scrip Code: 544200) about this business development. The notification was signed by Manoj Kumar Choubisa, Company Secretary and Compliance Officer (M. No.: A66176), ensuring complete transparency and keeping stakeholders informed about the company's expansion activities.

Exchange Details:	Information
NSE Symbol:	AFIL
BSE Scrip Code:	544200
Filing Date:	May 1, 2026
Compliance Officer:	Manoj Kumar Choubisa
Membership No.:	A66176

Company Infrastructure

Akme Fintrade (India) Limited operates from multiple strategic locations to serve its customers effectively. The company maintains its head office at Akme Business Center, Subcity Centre, Savina Circle, Udaipur, and its corporate office at Neelkanth Business Park, Vidyavihar, Mumbai. The addition of the Dhariyawad branch further expands the company's operational network across key markets.

Strategic Expansion Initiative

The opening of the new branch office represents the company's commitment to expanding its geographical footprint and enhancing accessibility for customers in the Rajasthan region. This expansion aligns with the company's growth strategy to establish a stronger presence across different markets and improve service delivery capabilities. The company has also made this information available on its official website at akmefintrade.com for stakeholder reference.