Akme Fintrade (India) Limited — Others, 08-02-2025: Monitoring Agency Report

Akme Fintrade (India) Limited has announced a board meeting to discuss the financial results for the quarter and half-year ending December 31, 2024. The Monitoring Agency Report from Acuité Ratings confirmed that there were no deviations in the utilization of proceeds from the company's recent public issue of ₹132 crore. The company has utilized ₹102 crore so far, with ₹30 crore remaining, which is currently held in fixed deposits. This solid monitoring report could instill confidence among investors, indicating prudent financial management and consistent adherence to stated objectives.