Corporate Action6 Oct 2026, 03:55 pm
Akme Fintrade Gets Trading Approval for 1.3 Cr Equity Shares
AI Summary
Akme Fintrade (India) Limited has received trading approval from NSE and BSE for 1,30,00,000 Equity Shares of face value Rs. 1/- each. These shares were allotted on a preferential basis through the conversion of warrants to non-promoter shareholders, in compliance with SEBI (ICDR) Regulations, 2018. The trading approval allows for the listing of these shares, increasing the company's listed capital to Rs. 43,97,49,960. The shares are admitted to dealings on the Exchange from October 06, 2026, with a lock-in period until April 15, 2027, for 30,00,000 shares.
Key Highlights
- Trading approval received for 1.3 crore equity shares.
- Shares allotted via preferential conversion of warrants.
- Company's listed capital increases to Rs. 43.97 Crore.
- Lock-in period applies to a portion of the allotted shares.
Price Impact
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