Akme Fintrade (India) Limited Publishes Corrigendum to Extra-Ordinary General Meeting Notice

1 min read     Updated on 13 Mar 2026, 11:46 AM
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Overview

Akme Fintrade (India) Limited published newspaper advertisements for a corrigendum to its Extra-Ordinary General Meeting notice scheduled for March 20, 2026. The corrigendum was published on March 13, 2026, in Financial Express and Jai Rajasthan newspapers, complying with SEBI regulations. The document contains additional disclosures and has been distributed to registered shareholders via email and made available on company and stock exchange websites.

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*this image is generated using AI for illustrative purposes only.

Akme Fintrade (India) Limited has published newspaper advertisements for a corrigendum to its Extra-Ordinary General Meeting (EGM) notice, ensuring compliance with regulatory requirements and keeping shareholders informed of important updates.

Regulatory Compliance and Publication Details

The company published the corrigendum on March 13, 2026, following its letter dated March 12, 2026. The publication was made in accordance with Regulations 30 and 47 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Publication Details: Information
Publication Date: March 13, 2026
English Newspaper: Financial Express
Hindi Newspaper: Jai Rajasthan
EGM Scheduled Date: March 20, 2026

Corrigendum Distribution and Accessibility

The corrigendum has been dispatched via email to shareholders whose email addresses are registered with the company or its Registrar and Share Transfer Agent, Bigshare Services Private Limited. Additionally, the corrigendum has been made available through multiple channels to ensure comprehensive accessibility.

Availability Channels:

Additional Disclosure Requirements

The corrigendum contains additional disclosures pursuant to the SEBI (Listed of Capital and Disclosure Requirements) Regulations, 2018, following requirements from NSE and BSE, and applicable provisions of the Companies Act, 2013 and Rules thereunder. The document also incorporates circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

Corporate Communication Structure

The notice was signed by Manoj Kumar Choubisa, Company Secretary and Compliance Officer (M. No.: A66176), who digitally signed the document on March 13, 2026, at 11:22:52 +05'30'. The company maintains its head office at Akme Business Center, Subcity Centre, Savina Circle, Udaipur, and its corporate office in Mumbai.

Integration with EGM Notice

The corrigendum forms an integral part of the original EGM Notice previously circulated to shareholders. All concerned parties, including shareholders, stock exchanges, depositories, registrar and share transfer agents, and regulatory bodies, have been requested to take note of the modifications while maintaining all other contents of the original EGM Notice unchanged.

Historical Stock Returns for Akme Fintrade

1 Day5 Days1 Month6 Months1 Year5 Years
-4.90%+7.33%+56.14%-0.77%+16.17%-41.83%

AKME Fintrade: Subhash Phootarmal Rathod Group Acquires 1.993% Stake Through Open Market Transactions

2 min read     Updated on 05 Mar 2026, 09:19 AM
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Reviewed by
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Overview

AKME Fintrade received a substantial acquisition disclosure under SEBI regulations from Subhash Phootarmal Rathod and six associates who acquired 8511866 shares (1.993%) through open market transactions. The group's total holding increased from 28948808 shares (6.781%) to 37460674 shares (8.774%), with the acquisition conducted between February 25-March 4, 2026.

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*this image is generated using AI for illustrative purposes only.

Akme fintrade (india) has received a substantial acquisition disclosure from Subhash Phootarmal Rathod and his associates under SEBI takeover regulations. The acquisition involves multiple entities acting in concert, significantly increasing their collective stake in the financial services company through systematic open market purchases.

Acquisition Details

The disclosure reveals that Subhash Phootarmal Rathod, along with six persons acting in concert, acquired a total of 8511866 shares representing 1.993% of AKME Fintrade's voting capital through open market transactions conducted between February 25, 2026, and March 4, 2026.

Acquirer: Shares Acquired Percentage
Subhash Phootarmal Rathod: 6541344 1.532%
Mangala Subhash Rathod: 1870522 0.438%
Saajan Subhash Rathod: 100000 0.023%
Total Acquisition: 8511866 1.993%

Pre and Post Acquisition Holdings

Before the acquisition, the group collectively held 28948808 shares representing 6.781% of the company's total voting capital. Following the transaction, their combined holding increased to 37460674 shares, representing 8.774% of the total voting capital.

Entity: Pre-Acquisition Shares Post-Acquisition Shares Final Percentage
Subhash Phootarmal Rathod: 18807176 25348520 5.939%
Mangala Subhash Rathod: 1450000 3320522 0.777%
Saajan Subhash Rathod: 1150094 1250094 0.292%
Stellant Securities (India) Ltd: 2155096 2155096 0.505%
Thomson and Wyman Enterprises Pvt Ltd: 2128400 2128400 0.498%
Sahi Logistics and Infra Pvt Ltd: 2974979 2974979 0.697%
Abacus Realty Logistics Pvt Ltd: 283063 283063 0.066%

Regulatory Compliance and Company Information

The disclosure was made in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing confirms that none of the acquirers belong to the promoter or promoter group category. The acquisition was conducted entirely through open market purchases, demonstrating the group's strategic approach to increasing their stake in the financial services company.

Parameter: Details
Equity Share Capital: 426749960 shares
BSE Scrip Code: 544200
NSE Symbol: AFIL
Registered Office: AKME Business Centre, Subcity Centre, Savina Circle, Udaipur, Rajasthan
Acquisition Mode: Open Market

AKME Fintrade (India) Ltd operates from its registered office at AKME Business Centre, Subcity Centre, Savina Circle, Udaipur, Rajasthan. The substantial acquisition disclosure demonstrates continued investor interest in the financial services sector, with the acquirer group strategically positioning themselves with an enhanced stake of 8.774% in the company.

Historical Stock Returns for Akme Fintrade

1 Day5 Days1 Month6 Months1 Year5 Years
-4.90%+7.33%+56.14%-0.77%+16.17%-41.83%

More News on Akme Fintrade (India)

1 Year Returns:+16.17%