Akme fintrade (india) Limited has successfully completed its postal ballot process and regulatory compliance procedures for the appointment of Mr. Jinit Sureshkumar Jain as Executive Director. The company has filed comprehensive documentation with stock exchanges, demonstrating adherence to corporate governance standards and regulatory requirements.

Postal Ballot Results and Shareholder Approval

The postal ballot process concluded on February 22, 2026, with exceptional shareholder support across all categories. The voting results demonstrate strong confidence in the company's leadership decisions:

The resolution received overwhelming support with 159,893,077 votes in favour and only 3,903 votes against, reflecting strong shareholder confidence in the appointment decision.

Executive Director Appointment Details

The approved resolution pertains to Mr. Jinit Sureshkumar Jain's appointment with specific terms and conditions outlined in the postal ballot notice:

The appointment was approved under Sections 196, 197, and 203 of the Companies Act, 2013, with the Board authorized to vary terms and conditions as deemed appropriate.

Regulatory Compliance and Documentation

The company has fulfilled all regulatory obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Comprehensive documentation has been submitted to both National Stock Exchange of India Limited and BSE Limited, including:

• Summary of proceedings of resolution passed through postal ballot
• Scrutinizer's report and voting results
• Complete compliance documentation
• Website publication of all relevant information

The postal ballot process was conducted entirely through remote e-voting via Central Depository Services (India) Limited platform, with voting period from January 24, 2026, to February 22, 2026. Ronak Jhuthawat & Co., Practicing Company Secretaries, served as the appointed scrutinizer, ensuring transparency and regulatory compliance.

Corporate Governance Standards

The successful completion of this postal ballot process reflects the company's commitment to maintaining high corporate governance standards. The process included proper notice circulation, newspaper advertisements in Financial Express and Jai Rajasthan, and comprehensive stakeholder communication. All documentation has been made available on the company's website at www.akmefintrade.com , ensuring transparency for shareholders and regulatory authorities.

Akme Fintrade (India) Limited has announced significant corporate developments following its board meeting held on February 21, 2026. The company's board of directors approved a substantial preferential warrant issue and scheduled an extraordinary general meeting to seek shareholder consent for the proposal.

Board Meeting Outcomes

The board meeting, which commenced at 11:00 AM and concluded at 2:15 PM on February 21, 2026, resulted in several key approvals. The primary decision involved the preferential issue of warrants, along with scheduling an EGM and appointing a scrutinizer for the meeting.

Warrant Issue Structure

The approved warrant issue involves up to 12,25,00,000 warrants, each convertible into one equity share of ₹1 face value. The warrants are priced at ₹7 each, representing the floor price as per SEBI ICDR Regulations. The total issue size aggregates to ₹85,75,00,000, subject to member approval and regulatory clearances.

The conversion mechanism requires warrant holders to pay 25% of the consideration at application and the remaining 75% at conversion. Each warrant can be converted into one equity share within 18 months of allotment. Failure to exercise warrants within this period will result in lapse and forfeiture of the 25% consideration paid.

Proposed Allottee Categories

The warrant allocation spans 15 proposed allottees across promoter and non-promoter categories. The distribution includes significant allocations to both individual investors and corporate entities.

Post-Conversion Shareholding Impact

The warrant conversion will significantly alter the company's shareholding pattern. Assuming full conversion of all warrants, Nirmal Kumar Jain's shareholding will adjust from 26.74% to 22.62%, while new stakeholders will gain meaningful positions in the company.

Regulatory Compliance and Next Steps

The warrant issue requires compliance with multiple regulatory frameworks, including the Companies Act 2013, SEBI ICDR Regulations, and listing regulations. The company has scheduled the extraordinary general meeting for March 20, 2026, through video conferencing to seek member approval.

M/s. Ronak Jhuthawat & Co., Practicing Company Secretaries, have been appointed as scrutinizers for the EGM. The meeting will be conducted through video conferencing and other audio-visual means, ensuring broader shareholder participation in the approval process. The disclosure has been made pursuant to Regulation 30 of SEBI Listing Regulations and uploaded on the company's website at www.akmefintrade.com .