Akme Fintrade (India) Limited Approves ₹30 Crore Non-Convertible Debenture Issuance

2 min read     Updated on 09 Jan 2026, 12:18 PM
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Reviewed by
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Overview

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 Day5 Days1 Month6 Months1 Year5 Years
-3.73%-7.49%-13.68%-18.43%-24.27%-95.55%
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Akme Fintrade Secures ₹120 Million Term Loan from Hinduja Leyland Finance

1 min read     Updated on 16 Dec 2025, 06:24 PM
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Reviewed by
Ashish TScanX News Team
Overview

Akme Fintrade (India) Limited has officially received sanction for a ₹120 million term loan from Hinduja Leyland Finance Limited, as disclosed in regulatory filings to stock exchanges on December 16, 2025. This significant financial milestone strengthens the small-cap finance company's capital base and provides enhanced resources for business operations.

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Akme Fintrade (India) Limited has officially received sanction for a term loan worth ₹120 million from Hinduja Leyland Finance Limited, as disclosed in a regulatory filing under Regulation 30. The company formally communicated this development to stock exchanges on December 16, 2025, marking a significant financial milestone that strengthens its capital base.

Loan Facility Details

The sanctioned term loan represents a substantial financial commitment from Hinduja Leyland Finance towards Akme Fintrade's business operations. The following table summarizes the key details of this financial arrangement:

Parameter: Details
Loan Amount: ₹120.00 million
Loan Type: Term Loan
Lender: Hinduja Leyland Finance Limited
Borrower: Akme Fintrade (India) Limited
Status: Sanctioned
Filing Date: December 16, 2025

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both the National Stock Exchange of India Limited and BSE Limited about the loan sanction. The information has also been made available on the company's official website at www.akmefintrade.com , ensuring transparency for all stakeholders.

Strategic Implications

This loan sanction demonstrates the confidence that Hinduja Leyland Finance has placed in Akme Fintrade's business model and growth prospects. The additional capital will enhance the company's financial flexibility and support its operational requirements in the finance sector.

Company Profile

Akme Fintrade (India) Limited operates in the finance sector and is classified as a small-cap company with a market capitalization of ₹303.42 crores. The term loan facility from Hinduja Leyland Finance provides the company with enhanced financial resources to pursue its business objectives and strengthen its market position.

Historical Stock Returns for Akme Fintrade

1 Day5 Days1 Month6 Months1 Year5 Years
-3.73%-7.49%-13.68%-18.43%-24.27%-95.55%
Akme Fintrade
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like15
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