Akme Fintrade launches AKME GreenX platform for EV and solar financing

2 min read     Updated on 27 Jul 2026, 07:53 PM
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Shriram SScanX News Team
AI Summary

Akme Fintrade (India) Limited partnered with Finayo to launch AKME GreenX on July 25, 2026. The platform targets a ₹200 crore green asset portfolio in two years, split equally between EV and solar financing, with a five-year goal of ₹1,000 crore. This initiative leverages AI-driven technology to expand access to sustainable finance in India.

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Akme Fintrade has launched AKME GreenX, a dedicated green finance platform powered by Finayo, to accelerate lending for electric mobility and renewable energy projects. The RBI-regulated non-banking financial company announced the partnership on July 25, 2026, marking a strategic shift toward technology-enabled sustainable finance. This move positions the lender to capture growing demand in India’s clean energy sector while leveraging digital infrastructure to streamline credit delivery.

The collaboration combines Akme Fintrade’s established lending expertise with Finayo’s AI-powered digital lending platform. The primary objective is to expand access to green finance across India by offering faster, technology-driven solutions for borrowers seeking capital for electric vehicles (EVs) and solar installations. The press release noted that the initiative is not a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, but serves as an informational update for stakeholders.

Portfolio Targets and Allocation

The partnership outlines specific financial milestones for the new platform. Over the next two years, Akme Fintrade aims to build a ₹200 crore Green Asset Portfolio. This initial target is evenly divided between two key sectors: ₹100 crore allocated for EV financing and ₹100 crore for solar and distributed renewable energy financing.

Looking beyond the immediate term, the partners have set a longer-term ambition to scale this portfolio significantly. Over the next five years, the goal is to build a ₹1,000 crore EV and Solar Financing Portfolio. This phased approach allows the company to establish operational workflows and risk models before scaling up capital deployment.

Timeline Target Portfolio Size Sector Allocation
Next Two Years ₹200 Crore ₹100 Crore EV, ₹100 Crore Solar/Renewable
Next Five Years ₹1,000 Crore EV & Solar Financing

Strategic Implications

The launch of AKME GreenX reflects a broader industry trend where NBFCs are integrating specialized fintech platforms to address niche lending segments. By partnering with Finayo, Akme Fintrade seeks to reduce processing times and enhance customer experience through AI-driven underwriting. This technological integration is critical for competing in the rapidly evolving green finance market, where speed and accessibility are key differentiators.

The focus on distributed renewable energy and electric mobility aligns with national sustainability goals. As regulatory support for green initiatives strengthens, lenders with dedicated platforms like AKME GreenX may gain a competitive advantage in securing high-quality assets. For investors, the clarity of the ₹200 crore near-term target provides a measurable benchmark for assessing the partnership’s early success.

What the Numbers Show

The equal split of the initial ₹200 crore portfolio between EVs and solar energy suggests a balanced risk strategy. Electric vehicle financing often involves shorter tenures and higher turnover, while solar projects typically require larger ticket sizes with longer repayment periods. By diversifying across these two sectors from day one, Akme Fintrade mitigates concentration risk associated with any single green technology. The five-year target of ₹1,000 crore implies a compound annual growth rate that would require consistent deal flow and efficient capital recycling, highlighting the importance of the AI-powered platform in maintaining scalability.

Historical Stock Returns for Akme Fintrade

1 Day5 Days1 Month6 Months1 Year5 Years
+0.54%-4.02%-10.48%+87.70%+30.58%-93.02%

How will Akme Fintrade manage the distinct credit risk profiles of short-term EV loans versus long-term solar project financing within a unified AI underwriting model?

What specific capital raising strategies will Akme Fintrade employ to fund the aggressive scale-up from ₹200 crore to ₹1,000 crore over the next five years?

How might evolving RBI regulations on green finance classification impact the eligibility criteria and asset pricing for the AKME GreenX portfolio?

Akme Fintrade sets August 4 date for 30th AGM via video conference

1 min read     Updated on 14 Jul 2026, 12:39 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Akme Fintrade (India) Ltd announced its 30th AGM will be held via video conference on August 4, 2026, at 12:30 PM IST. The company published the notice in newspapers and confirmed that remote e-voting will be available from August 1 to August 3, 2026, via CDSL. The eligibility cut-off date is July 28, 2026. Annual Reports will be sent electronically, with web links provided to those without registered emails.

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Akme Fintrade (India) Ltd has scheduled its 30th Annual General Meeting (AGM) for Tuesday, August 4, 2026, at 12:30 PM IST via video conference. The meeting will be conducted in accordance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders can participate and vote on resolutions through remote e-voting or electronically during the meeting.

The company has published the notice and e-voting information in the Financial Express and Jai Rajasthan newspapers. An electronic copy of the Annual Report for the financial year 2025-26 and the AGM notice is being sent to members whose email addresses are registered with depository participants or the company. Physical copies will not be dispatched; instead, a letter with a web link and QR code will be sent to shareholders without registered email addresses.

E-Voting and Participation Schedule

Members holding shares in dematerialized or physical form can participate in remote e-voting. The facility is provided by Central Depository Services (India) Limited (CDSL). The remote e-voting period commences on Saturday, August 1, 2026, at 10:00 AM IST and concludes on Monday, August 3, 2026, at 5:00 PM IST.

The cut-off date to determine eligibility for voting is Tuesday, July 28, 2026. Members who acquire shares after the dispatch of the notice but before the cut-off date must obtain their login ID and password by following instructions in the AGM notice or from the company. Those who vote remotely cannot vote again during the AGM.

Key Dates for AGM

Event Date
AGM Date August 4, 2026
Remote E-Voting Start August 1, 2026
Remote E-Voting End August 3, 2026
Cut-off Date for Eligibility July 28, 2026

Documents are available on the company’s website, BSE, NSE, and the CDSL e-voting portal. Manoj Kumar Choubisa, Company Secretary and Compliance Officer, signed the communication.

Historical Stock Returns for Akme Fintrade

1 Day5 Days1 Month6 Months1 Year5 Years
+0.54%-4.02%-10.48%+87.70%+30.58%-93.02%

What key resolutions are likely to be proposed during the AGM, and how might they impact the company's strategic direction?

How will the shift to fully digital distribution of the Annual Report affect shareholder engagement and transparency?

What are the expected financial highlights for FY 2025-26, and how do they compare to the previous year's performance?

More News on Akme Fintrade

1 Year Returns:+30.58%