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.

Akme Fintrade (India) Limited, a company listed on Indian stock exchanges, has secured a term loan of Rs. 10 crore from ICICI Bank Limited, one of India's leading private sector banks. This development was disclosed in a recent regulatory filing, highlighting a significant financial arrangement between the two entities.

Loan Details

The term loan sanctioned by ICICI Bank amounts to Rs. 10,00,00,000 (Rupees Ten Crores). This information was made public through a regulatory filing submitted to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Regulatory Compliance

In adherence to transparency requirements, Akme Fintrade promptly informed the stock exchanges about this financial development. The regulatory filing was signed by Manoj Kumar Choubisa, the Company Secretary and Compliance Officer of Akme Fintrade, ensuring compliance with disclosure norms.

Potential Implications

While the specific purpose of the loan remains undisclosed, term loans are typically utilized for business expansion, capital expenditure, or other long-term financial needs. This infusion of funds from ICICI Bank could potentially support Akme Fintrade's growth strategies or operational enhancements.

Investor Information

Akme Fintrade has made this information available on its official website ( www.akmefintrade.com ), allowing shareholders and potential investors to access the details of this financial arrangement.

This term loan sanction represents a noteworthy financial transaction in the Indian corporate landscape, potentially influencing the future operations and financial position of Akme Fintrade.