Akme Fintrade (India) Limited Approves ₹30 Crore Non-Convertible Debenture Issuance
Akme Fintrade (India) Limited's Loan & Investment Committee approved issuance of non-convertible debentures worth up to ₹30 crores on private placement basis. The debentures will be senior, secured, listed, rated, transferable, and redeemable, proposed for listing on NSE. The company will maintain 1.10x minimum security cover over loan receivables with comprehensive penalty provisions including 2% additional interest for various default scenarios.

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Akme fintrade (india) Limited has announced the approval of non-convertible debenture issuance worth up to ₹30.00 crores through its authorized Loan & Investment Committee. The committee, acting under the authority granted by the Board of Directors, approved this decision at its meeting held on January 9th, 2026.
Debenture Structure and Features
The approved securities are structured as Senior, Secured, Listed, Rated, Transferable, Redeemable, Non-Convertible Debentures to be issued on a private placement basis to eligible investors. The debentures are proposed to be listed on the National Stock Exchange of India Limited and will be issued in one or more tranches or series as per market conditions.
| Parameter: | Details |
|---|---|
| Issue Size: | Up to ₹30.00 crores |
| Issue Type: | Private placement to eligible investors |
| Security Type: | Senior, Secured, Listed, Rated, Transferable, Redeemable NCDs |
| Listing Exchange: | National Stock Exchange of India Limited |
| Issue Structure: | One or more tranches/series |
Security and Coverage Terms
The company has committed to maintaining a minimum security cover of 1.10x (one decimal one zero times) at all times during the tenure of the debentures. This security cover will be maintained over loan receivables, both present and future, of the issuer that fulfill specific eligibility criteria. The security arrangement must be established on or prior to the deemed date of allotment.
Penalty and Default Provisions
The debenture terms include comprehensive penalty structures for various scenarios. In case of payment default or any event of default, the company will pay an additional interest rate of 2.00% per annum above the applicable interest rate on the outstanding principal amount from the date of occurrence until the default is cured or final redemption is completed.
| Default Type: | Penalty Rate |
|---|---|
| Payment Default/Event of Default: | Additional 2.00% p.a. above applicable rate |
| Breach of Covenants & Undertakings: | Additional 2.00% p.a. over coupon rate |
| Delay in Security Creation: | Additional 2.00% p.a. over interest rate |
| Delay in Debenture Trust Deed Execution: | Penal interest of 2.00% p.a. over coupon rate |
For breach of covenants and undertakings, including financial covenants, the penalty must be paid within 30 calendar days from the date of breach. If the breach continues beyond the initial thirty-day period, the penalty becomes payable at the end of every subsequent thirty-day period until the breach is fully cured.
Regulatory Compliance
The disclosure has been made pursuant to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement follows SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11th, 2024, ensuring full regulatory compliance for the proposed issuance.
The specific details regarding tenure, coupon rates, interest payment schedules, and redemption terms will be specified in the key information document to be prepared for the issuance. The company has indicated that no special rights, interests, or privileges are attached to the instrument beyond the standard debenture features.
Historical Stock Returns for Akme Fintrade
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.73% | -7.49% | -13.68% | -18.43% | -24.27% | -95.55% |










































