Akme Fintrade (India) Limited — Dividend/Bonus, 07-02-2025: Stock split

Akme Fintrade (India) Ltd has approved a stock split, subdividing each equity share of face value ₹10 into 10 shares of face value ₹1, subject to shareholder approval. This move aims to enhance liquidity and encourage retail investor participation.

Additionally, the company allotted 11,20,000 convertible warrants at ₹111 each on a preferential basis to various non-promoter entities, with an upfront payment received of ₹3.10 crore. The warrants, convertible into equity shares, must be exercised within 18 months at a further payment of ₹83.25 per warrant.

For Q3 FY25, the company reported a significant increase in revenue from operations of ₹28.10 crore, up 41.07% YoY, and a profit after tax of ₹8.93 crore, reflecting a 59.51% growth YoY.