
Shareholding25 May 2026, 07:41 pm
Akme Fintrade: Nirmal Jain Acquires Shares via Preferential Allotment
AI Summary
Nirmal Jain acquired shares of Akme Fintrade (India) Ltd through a preferential allotment under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Before the acquisition, Nirmal Jain held 1,41,00,900 shares (26.74% of total share capital). Post-acquisition, the holding increased to 13,13,00,900 shares. The acquisition involved fully convertible warrants at ₹7 per share, including a premium of ₹6 per share. The allotment date is May 21, 2026. The equity share capital before the acquisition was ₹42,67,49,960, and after the acquisition, it is ₹58,04,49,960.
Key Highlights
- Nirmal Jain acquired Akme Fintrade shares via preferential allotment.
- Pre-acquisition holding: 1,41,00,900 shares (26.74%).
- Post-acquisition holding: 13,13,00,900 shares.
- Acquisition through fully convertible warrants at ₹7 per share.
- Equity share capital increased to ₹58,04,49,960 post-acquisition.
Price Impact
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