StockWatch
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Non Banking Financial Company (NBFC)
Quarterly Result29 Jul 2026, 07:50 pm

Akme Fintrade Declares Unaudited Q1 FY27 Financial Results

AI Summary

Akme Fintrade (India) Limited announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved these results following a recommendation from the Audit Committee. The company also disclosed information regarding the utilization of issue proceeds from non-convertible securities and preferential issue of warrants. Additionally, the company reported the allotment of 82,00,000 equity shares upon conversion of warrants and the appointment of Mr. Dipesh Jain as Chief Operating Officer. Akme Fintrade also noted its transition from NBFC-BL to NBFC-ML under RBI's SBR framework.

Key Highlights

  • Unaudited standalone financial results for Q1 FY27 declared.
  • Board approved results based on Audit Committee recommendation.
  • Disclosures on utilization of issue proceeds submitted.
  • Allotment of 82,00,000 equity shares upon warrant conversion.
  • Mr. Dipesh Jain appointed as Chief Operating Officer.