Akme fintrade (india) has received a substantial acquisition disclosure from Subhash Phootarmal Rathod and his associates under SEBI takeover regulations. The acquisition involves multiple entities acting in concert, significantly increasing their collective stake in the financial services company through systematic open market purchases.

Acquisition Details

The disclosure reveals that Subhash Phootarmal Rathod, along with six persons acting in concert, acquired a total of 8511866 shares representing 1.993% of AKME Fintrade's voting capital through open market transactions conducted between February 25, 2026, and March 4, 2026.

Pre and Post Acquisition Holdings

Before the acquisition, the group collectively held 28948808 shares representing 6.781% of the company's total voting capital. Following the transaction, their combined holding increased to 37460674 shares, representing 8.774% of the total voting capital.

Regulatory Compliance and Company Information

The disclosure was made in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing confirms that none of the acquirers belong to the promoter or promoter group category. The acquisition was conducted entirely through open market purchases, demonstrating the group's strategic approach to increasing their stake in the financial services company.

AKME Fintrade (India) Ltd operates from its registered office at AKME Business Centre, Subcity Centre, Savina Circle, Udaipur, Rajasthan. The substantial acquisition disclosure demonstrates continued investor interest in the financial services sector, with the acquirer group strategically positioning themselves with an enhanced stake of 8.774% in the company.

AKME Fintrade (India) Ltd. has filed a disclosure under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, reporting a significant share acquisition by a group of acquirers led by Subhash Phootarmal Rathod.

Acquisition Details

The acquisition involved seven entities acting in concert, with Subhash Phootarmal Rathod as the primary acquirer along with six associated entities. The group acquired a total of 5,347,950 shares, representing 1.253% of the company's total voting capital through open market transactions.

Holdings Before and After Acquisition

Prior to this acquisition, the group collectively held 23,600,858 shares, representing 5.530% of the total voting capital. The acquisition increased their combined holding to 28,948,808 shares, representing 6.783% of the company's total voting capital.

Transaction Timeline and Company Details

The share acquisition took place between February 20-24, 2026, through open market purchases. The disclosure confirms that the acquirer group does not belong to the promoter or promoter group category. AKME Fintrade (India) Ltd. is listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Share Capital Information

The company's equity share capital remains unchanged at 426,749,960 shares with an equivalent amount value. The total diluted share capital also stands at the same figure, indicating no outstanding convertible instruments or warrants that would affect the diluted capital calculation.

This disclosure ensures compliance with SEBI regulations requiring transparency in substantial shareholding changes, providing investors with crucial information about ownership structure modifications in the company.