
Board Meeting7 Oct 2026, 03:56 pm
Akme Fintrade to Consider ₹350 Cr NCD Issue
AI Summary
Akme Fintrade (India) Ltd has announced that its Board of Directors will convene on October 10, 2026. The primary agenda item is to consider and approve the issuance of Senior, Secured, Rated, Listed and Transferable Non-Convertible Debentures (NCDs) up to ₹350 Crores on a private placement basis. The Loan & Investment Committee will be empowered to manage the NCD issuance process. Additionally, the company has informed that the trading window for designated persons will remain closed until 48 hours after the declaration of Unaudited Financial Results for the quarter and half-year ended September 30, 2026.
Key Highlights
- Board meeting scheduled for October 10, 2026.
- To consider issuance of NCDs worth up to ₹350 Crores.
- Trading window to remain closed until post-financial results announcement.
- NCDs to be issued on a private placement basis.
Price Impact
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