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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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

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Akme Fintrade Board Approves ₹200 Cr NCD Issuance and Director Appointment

3 min read     Updated on 13 Dec 2025, 12:26 PM
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Reviewed by
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Overview

Akme Fintrade (India) Limited's Board of Directors approved the issuance of non-convertible debentures up to ₹200 crores on private placement basis with detailed security arrangements and penalty structures. The board also appointed Mr. Jinit Jain as Additional Director in executive capacity, effective December 13, 2025, based on Nomination & Remuneration Committee recommendation.

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Akme Fintrade (India) Limited's Board of Directors held a meeting on December 13, 2025, where they approved the issuance of non-convertible debentures (NCDs) up to ₹200.00 crores on a private placement basis. The board also appointed Jinit Jain as an Additional Director in an executive capacity, pursuant to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcomes

The board meeting commenced at 11:30 A.M. and concluded at 12:05 P.M., addressing key corporate governance and fundraising initiatives. The decisions were communicated to both the National Stock Exchange of India Limited and BSE Limited as part of regulatory compliance requirements.

Meeting Details: Information
Meeting Date: December 13, 2025
Meeting Duration: 11:30 A.M. to 12:05 P.M.
Regulatory Compliance: SEBI Listing Regulations 30 & 51
Key Approvals: NCD Issuance & Director Appointment

Non-Convertible Debentures Issuance

The board approved the issuance of Senior, Secured, Listed, Rated, Transferable, Redeemable, Non-Convertible Debentures up to ₹200.00 crores on a private placement basis. The debentures will be issued in one or more tranches to eligible investors, with listing planned on the National Stock Exchange of India Limited.

Parameter: Details
Issue Size: Up to ₹200.00 crores
Issue Type: Private Placement
Security Type: Senior, Secured, Listed, Rated, Transferable, Redeemable NCDs
Issuance Method: One or more tranches
Target Investors: Eligible investors
Listing Exchange: National Stock Exchange of India Limited

The board has authorized the Loan Investment Committee to determine and approve the quantum, timing, and other terms and conditions of the NCD issue. The company will maintain a security cover of at least 1.10 times at all times during the tenure of the debentures over loan receivables that fulfill specified eligibility criteria.

Security and Penalty Provisions

The debentures come with comprehensive security arrangements and penalty structures for various default scenarios. The company has established detailed penalty frameworks to ensure compliance with debenture terms and conditions.

Default/Breach Type: Penalty Rate
Payment Default/Event of Default: 2.00% p.a. above applicable rate
Breach of Covenants & Undertakings: 2.00% p.a. over coupon rate
Delay in Security Creation: 2.00% p.a. over interest rate
Delay in Debenture Trust Deed: 2.00% p.a. over coupon rate

For breach of covenants and undertakings, the penalty must be paid within 30 calendar days from the date of breach. If the breach continues beyond the initial 30-day period, the penalty becomes payable at the end of every subsequent 30-day period until the breach is cured.

Director Appointment

Based on the recommendation of the Nomination & Remuneration Committee, the board appointed Mr. Jinit Jain as an Additional Director in an executive capacity with effect from December 13, 2025.

Appointment Details: Information
Name: Mr. Jinit Jain
DIN: 10628200
Position: Additional Director (Executive)
Effective Date: December 13, 2025
Appointment Basis: Nomination & Remuneration Committee Recommendation

Mr. Jinit Kumar Jain is a dynamic professional with a Post Graduate degree in Marketing from a reputed business school. He began his career with a strong foundation in customer service, gaining firsthand experience in operations and building deep understanding of organizational functions. His professional experience includes conducting timely audits, driving strategic financial decisions, maintaining precise financial records, and optimizing costs to enhance profitability.

Professional Vision and Compliance

Mr. Jain's professional philosophy centers on the belief that sustainable, long-term growth is fueled by exceptional service. As an aspiring Executive Director, his vision involves aligning business goals with customer-centric strategies, leveraging both operational insights and financial acumen to drive exponential growth and build strong competitive market presence.

The appointee is not debarred from holding the office of director by virtue of any SEBI order or any other authority, ensuring full compliance with regulatory requirements for board appointments as per BSE and NSE circulars.

Historical Stock Returns for Akme Fintrade

1 Day5 Days1 Month6 Months1 Year5 Years
-0.29%-0.44%-4.73%-7.81%-25.95%-94.86%
Akme Fintrade
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