Akme Fintrade Allots 82 Lakh Shares on Warrant Conversion

Akme Fintrade (India) Ltd announced the allotment of 8,200,000 equity shares following the conversion of warrants. This corporate action, approved in a board meeting on July 29, 2026, involved the conversion of 820,000 warrants issued on February 07, 2025. The shares were allotted at an issue price of ₹11.10 each, including a premium of ₹10.10. The company also approved unaudited standalone financial results for the quarter ended June 30, 2026, and disclosed utilization of issue proceeds. Additionally, Mr. Dipesh Jain was appointed Chief Operating Officer, and the company noted its transition to NBFC-ML under RBI's SBR framework.