Akme Fintrade (India) Limited has completed the allotment of ₹20 crore worth of non-convertible debentures (NCDs) following its Board of Directors meeting held on December 22, 2025. The NBFC successfully allotted 20,000 listed, rated, senior, secured, transferable, redeemable NCDs through private placement.

NCD Allotment Details

The Board meeting, which commenced at 10:30 AM and concluded at 11:00 AM, approved the final allotment terms for the debenture issuance.

Security and Coverage Terms

The company will maintain 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, present and future, of the issuer that fulfill specific eligibility criteria.

Default and Penalty Provisions

The debenture terms include comprehensive penalty structures for various scenarios:

Payment Default

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 until the default is cured.

Breach of Covenants

For defaults in performance of covenants and undertakings, including financial covenants, an additional interest of 2.00% per annum over the coupon rate will be payable for the defaulting period. The penalty must be paid within 30 calendar days from the date of breach.

Security Creation Delays

If the issuer fails to execute the Hypothecation Agreement and perfect security within prescribed timelines, additional interest of 2.00% over the interest rate will be applicable. Additionally, if the Debenture Trust Deed is not already executed, the company shall execute it within SEBI prescribed timelines or pay penalty interest of at least 2.00% per annum over the coupon rate.

Company Performance Context

As per the company's recent financial results for the half-year ended September 30, 2025, Akme Fintrade demonstrated strong growth across key metrics:

The successful NCD allotment provides the company with additional capital to support its lending activities in rural and semi-urban markets, where it primarily offers vehicle finance and business loans. The company, incorporated in 1996 and listed on both BSE and NSE, continues to expand its presence in the NBFC sector with this latest fundraising initiative.

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:

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.