Akme Fintrade (India) Limited has announced a significant move in its financial strategy. The company's board of directors has approved the issuance of Non-Convertible Debentures (NCDs) worth ₹60 crores, marking a notable development in its fundraising efforts.

Key Details of the NCD Issuance

Repayment Structure and Security

The NCDs come with a structured repayment plan:

• 50% repayment at the end of 24 months
• 50% repayment at the end of 30 months
• Monthly coupon/interest payments

To secure the debentures, Akme Fintrade will maintain a security value of 1.25 times or 125% of the aggregate outstanding principal amount of NCDs. This security will be in the form of LAP (Loan Against Property), Equipment Loans, or Business Loans.

Additional Terms

In case of any covenant breach, the company will be liable to pay an additional coupon of 2% per annum over the applicable rate on all outstanding amounts until the NCDs are fully redeemed or the covenant criteria are met.

This move by Akme Fintrade (India) Limited demonstrates the company's strategic approach to raising capital through debt instruments. The attractive coupon rate of 12% may appeal to investors seeking fixed-income opportunities in the current market environment. However, potential investors should carefully consider the terms and risks associated with such investments before making any decisions.

The company's decision to issue these NCDs could be aimed at funding expansion plans, refinancing existing debt, or strengthening its overall financial position. As the financial landscape continues to evolve, such corporate actions provide insights into how companies are navigating funding challenges and opportunities in the market.

Akme Fintrade (India) Limited, a financial services company, has announced plans to consider issuing Non-Convertible Debentures (NCDs) worth up to INR 35.00 crore. The company's Board of Directors is scheduled to meet on October 9, 2025, to discuss and potentially approve this significant financial move.

Key Points of the Proposed NCD Issue

• Issue Size: Up to INR 35.00 crore
• Nature of Debentures: Senior, Secured, Rated, Listed, and Transferable Non-Convertible Debentures
• Issuance Method: Private placement basis
• Tranches: To be issued in one or more tranches

Board Meeting Details

The company has officially notified the stock exchanges about the upcoming board meeting, scheduled for Thursday, October 9, 2025. This notification is in compliance with Regulation 29 read with Regulation 50 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Purpose of the Meeting

The primary agenda for the board meeting is to consider and potentially approve the fresh issue of NCDs. This decision aligns with the company's strategy to raise funds, which could be utilized for various corporate purposes, although the specific use of proceeds has not been disclosed in the current announcement.

Market Impact

As Akme Fintrade (India) Limited is a listed entity, this development may be of interest to investors and market analysts. The outcome of the board meeting could potentially impact the company's financial structure and future growth plans.

Investors and stakeholders will likely await the results of the board meeting to gauge the company's financial strategy and its implications on Akme Fintrade's market position in the financial services sector.

The company has stated that this information is being shared for record-keeping purposes, emphasizing its commitment to transparency and regulatory compliance. As the financial landscape continues to evolve, Akme Fintrade's move to consider NCD issuance reflects the ongoing dynamics in corporate finance strategies within the Indian market.