StockWatch
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Non Banking Financial Company (NBFC)
Promoter Reclassification17 Jun 2026, 05:40 pm

Akme Fintrade: BSE, NSE Approve Promoter Reclassification

AI Summary

Akme Fintrade (India) Ltd has received approval from both BSE and NSE for the reclassification of Akme Star Housing Finance Limited from the 'Promoter Group' to the 'Public' category. This follows an application made on April 22, 2026, and the stock exchanges granted their no-objection on June 17, 2026, in accordance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company is required to ensure subsequent disclosures related to this reclassification.

Key Highlights

  • BSE and NSE approve promoter reclassification.
  • Akme Star Housing Finance moves from Promoter Group to Public.
  • Reclassification is under SEBI Regulation 31A.
  • Company to comply with further disclosure requirements.