Akme Fintrade (India) Limited Secures Rs. 20 Crore Term Loan from Maanaveeya Development & Finance

1 min read     Updated on 20 Mar 2026, 06:20 PM
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AI Summary

Akme Fintrade (India) Limited has successfully secured a term loan of Rs. 20 crores from Maanaveeya Development & Finance Private Limited. The company announced this significant funding arrangement to stock exchanges on March 20, 2026, demonstrating its commitment to transparent corporate governance. This substantial financial facility is expected to support the company's operational requirements and strategic business initiatives.

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Akme fintrade (india) Limited has secured a substantial term loan facility to strengthen its financial position and support business operations. The company announced this significant funding development through official communication to stock exchanges.

Loan Details and Structure

The financial arrangement involves a comprehensive term loan package from a specialized financial institution. Key details of the loan sanction are presented below:

Parameter: Details
Loan Amount: Rs. 20,00,00,000/- (Rupees Twenty Crores only)
Lender: Maanaveeya Development & Finance Private Limited
Loan Type: Term Loan
Announcement Date: March 20, 2026

Regulatory Compliance and Disclosure

The company has fulfilled its regulatory obligations by formally notifying both major stock exchanges about this financial development. The disclosure was made simultaneously to ensure transparency and compliance with listing requirements.

The communication was addressed to:

  • National Stock Exchange of India Limited (NSE) - Trading Symbol: AFIL
  • BSE Limited - Scrip Code: 544200

Corporate Communication Framework

Akme Fintrade (India) Limited maintains robust corporate governance practices through proper disclosure mechanisms. The company has made this information readily accessible to all stakeholders through its official website at www.akmefintrade.com .

Management and Compliance

The official communication was signed by Manoj Kumar Choubisa, who serves as Company Secretary and Compliance Officer with membership number A66176. The digitally signed document ensures authenticity and regulatory compliance for this important financial announcement.

Corporate Infrastructure

The company operates through a dual-office structure to serve its business requirements effectively:

Office Type: Location Details
Head Office: Akme Business Center (ABC), 4-5, Subcity Centre, Savina Circle, Opp. Krishi Upaz Mandi, Udaipur - 313001
Corporate Office: D-4, Ground Floor, Neelkanth Business Park, Nathani Road, Vidyavihar (W), Mumbai- 400086 (Maharashtra)

This term loan sanction represents an important step in the company's financial planning and operational strategy, providing additional capital resources for business development and growth initiatives.

Historical Stock Returns for Akme Fintrade

1 Day5 Days1 Month6 Months1 Year5 Years
+1.27%-0.74%+12.68%-13.33%+19.76%-40.03%

How does Akme Fintrade plan to deploy the Rs. 20 crore term loan across its business operations and growth initiatives?

What impact might this significant funding have on Akme Fintrade's competitive position in the financial services sector?

Will this loan facility enable Akme Fintrade to expand into new geographical markets or launch additional financial products?

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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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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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
+1.27%-0.74%+12.68%-13.33%+19.76%-40.03%

More News on Akme Fintrade (India)

1 Year Returns:+19.76%