Akme Fintrade (India) Ltd

Akme Fintrade (India) Limited has announced the closure of its trading window for dealing in the company's shares. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will be shut from Wednesday, July 01, 2026, until 48 hours after the dissemination of the Unaudited Financial Results for the quarter ended June 30, 2026. The exact date of the board meeting to consider these results will be communicated later. All designated persons and their immediate relatives are prohibited from trading in the company's securities during this period.

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.

Akme Fintrade (India) Ltd has allotted 4,75,00,000 fully convertible warrants to promoter and non-promoter entities on a preferential basis. The allotment follows shareholder approval on March 20, 2026, and in-principle approval from BSE and NSE. The company received ₹8,31,25,000, representing 25% of the issue price of ₹7 per warrant. Each warrant is convertible into one equity share within 18 months upon payment of the balance ₹5.25 per warrant.

Akme Fintrade (India) Ltd's board approved the allotment of 4,75,00,000 fully convertible warrants to promoter and non-promoter entities on a preferential basis, following shareholder approval and in-principle stock exchange approvals. The warrants, priced at ₹7 each, were allotted upon receiving ₹8,31,25,000, representing 25% of the warrant subscription price. Each warrant is convertible into one equity share at a face value of ₹1 within 18 months, with the balance ₹5.25 to be paid upon conversion.

Subhash Phootarmal Rathod and Persons Acting in Concert (PACs) have disclosed a substantial acquisition of shares in AKME FINTRADE (INDIA) LTD. Under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, the acquirers, who are not part of the Promoter/Promoter group, increased their stake. Before the acquisition, their collective holding was 8.774% (37,460,674 shares). They acquired an additional 3.556% (15,175,825 shares) through open market purchases between May 20, 2026, and May 27, 2026. Following this acquisition, their total holding, along with PACs, now stands at 12.014% (51,274,279 shares) of the total diluted share/voting capital of AKME FINTRADE (INDIA) LTD.

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.

Akme Fintrade (India) Ltd received disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Stellant Securities (India) Ltd, along with Persons Acting in Concert (PAC), including Johnsom & Andrew Properties Private Limited and Thomson & Wyman Enterprises Private Limited, acquired shares via preferential allotment. The total acquisition amounts to 2,00,00,000 shares. Post-acquisition, the equity share capital of Akme Fintrade is ₹58,04,49,960.

Nirmal Kumar Jain disclosed acquisition details under Regulation 29(1) of SEBI's Takeover Regulations for Akme Fintrade (India) Ltd. The disclosure includes details of shareholding before and after the acquisition via preferential allotment. Post-acquisition, Jain holds 11,41,00,900 shares carrying voting rights, representing 19.65% of the total, and 1,72,00,000 shares in the nature of encumbrance. The acquisition was through preferential allotment of fully convertible warrants at ₹7 per share, convertible by May 21, 2026. The equity share capital after acquisition is ₹58,04,49,960.

Akme Fintrade (India) Ltd has allotted 7,50,00,000 fully convertible warrants to promoter and non-promoter entities on a preferential basis. The allotment follows shareholder approval on March 20, 2026, and in-principle approvals from BSE and NSE. The company received ₹13,12,50,000, representing 25% of the issue price of ₹7 per warrant. Each warrant is convertible into one equity share within 18 months upon payment of the balance ₹5.25 per warrant.

Akme Fintrade (India) Ltd's board approved the allotment of 7.5 crore fully convertible warrants to promoters and non-promoters on a preferential basis, following shareholder approval and in-principle stock exchange approvals. The company received ₹13.125 crore, representing 25% of the issue price of ₹7 per warrant. Each warrant is convertible into one equity share within 18 months upon payment of the remaining ₹5.25 per warrant.