Akme Fintrade (India) Limited's Board of Directors held a meeting on December 13, 2025, where they approved the issuance of non-convertible debentures (NCDs) up to ₹200.00 crores on a private placement basis. The board also appointed Jinit Jain as an Additional Director in an executive capacity, pursuant to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcomes

The board meeting commenced at 11:30 A.M. and concluded at 12:05 P.M., addressing key corporate governance and fundraising initiatives. The decisions were communicated to both the National Stock Exchange of India Limited and BSE Limited as part of regulatory compliance requirements.

Non-Convertible Debentures Issuance

The board approved the issuance of Senior, Secured, Listed, Rated, Transferable, Redeemable, Non-Convertible Debentures up to ₹200.00 crores on a private placement basis. The debentures will be issued in one or more tranches to eligible investors, with listing planned on the National Stock Exchange of India Limited.

The board has authorized the Loan Investment Committee to determine and approve the quantum, timing, and other terms and conditions of the NCD issue. The company will maintain a security cover of at least 1.10 times at all times during the tenure of the debentures over loan receivables that fulfill specified eligibility criteria.

Security and Penalty Provisions

The debentures come with comprehensive security arrangements and penalty structures for various default scenarios. The company has established detailed penalty frameworks to ensure compliance with debenture terms and conditions.

For breach of covenants and undertakings, the penalty must be paid within 30 calendar days from the date of breach. If the breach continues beyond the initial 30-day period, the penalty becomes payable at the end of every subsequent 30-day period until the breach is cured.

Director Appointment

Based on the recommendation of the Nomination & Remuneration Committee, the board appointed Mr. Jinit Jain as an Additional Director in an executive capacity with effect from December 13, 2025.

Mr. Jinit Kumar Jain is a dynamic professional with a Post Graduate degree in Marketing from a reputed business school. He began his career with a strong foundation in customer service, gaining firsthand experience in operations and building deep understanding of organizational functions. His professional experience includes conducting timely audits, driving strategic financial decisions, maintaining precise financial records, and optimizing costs to enhance profitability.

Professional Vision and Compliance

Mr. Jain's professional philosophy centers on the belief that sustainable, long-term growth is fueled by exceptional service. As an aspiring Executive Director, his vision involves aligning business goals with customer-centric strategies, leveraging both operational insights and financial acumen to drive exponential growth and build strong competitive market presence.

The appointee is not debarred from holding the office of director by virtue of any SEBI order or any other authority, ensuring full compliance with regulatory requirements for board appointments as per BSE and NSE circulars.

Akme Fintrade (India) Limited has secured a substantial term loan facility, marking a significant financial milestone for the company. The loan sanction was announced through a regulatory filing to stock exchanges on December 12, 2025.

Loan Facility Details

The company has received approval for a term loan from MAS Financial Services Limited, demonstrating confidence from the lending institution in Akme Fintrade's business prospects and financial stability.

Regulatory Compliance

The loan sanction was formally communicated to both major stock exchanges where the company's shares are listed. The notification was sent to the National Stock Exchange of India Limited (NSE) and BSE Limited as part of the company's regulatory obligations under Regulation 30.

The company trades under the symbol AFIL on NSE and carries the scrip code 544200 on BSE. This regulatory filing ensures transparency and keeps all stakeholders informed about material developments affecting the company's financial position.

Corporate Communication

The announcement was signed by Manoj Kumar Choubisa, who serves as the Company Secretary and Compliance Officer for Akme Fintrade (India) Limited. The company has also made this information available on its official website at www.akmefintrade.com , ensuring broader accessibility for investors and other stakeholders.

This loan facility provides Akme Fintrade with additional financial resources that can be utilized for various business operations and growth initiatives. The successful sanction of this term loan reflects the company's ability to secure institutional funding for its operational requirements.