ALPHA TRIBE

Akme Fintrade (India) LimitedOthers, 12-02-2025: Shareholders meeting

12-02-2025 | 05:52 pm

Akme Fintrade (India) Limited has announced a board meeting to seek shareholder approval for a postal ballot. Key proposals include a sub-division of equity shares, transforming each ₹10 share into 10 shares of ₹1, aimed at enhancing liquidity and encouraging retail investor participation. This will necessitate adjustments to the company's Capital Clause in its Memorandum of Association. The e-voting period will commence from 10:00 AM on February 13, 2025, and conclude at 5:00 PM on March 14, 2025. This move is anticipated to positively influence investor sentiment by making shares more accessible, potentially boosting participation and trading volume.

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