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Akme Fintrade (India) LimitedDividend/Bonus, 07-02-2025: Stock split

07-02-2025 | 06:18 pm

Akme Fintrade (India) Ltd will execute a stock split, converting each equity share of ₹10 into 10 shares of ₹1, pending shareholder approval. The exact record date will be communicated later. In addition, the company has allotted 11,20,000 convertible warrants at an issue price of ₹111 each, with 25% received as upfront payment. These warrants are convertible within 18 months, maintaining the current paid-up capital. In its latest financial results, Akme reported a 41.07% increase in revenue from operations to ₹2,809.68 Cr for Q3 FY25, along with a Profit After Tax (PAT) of ₹893.27 Cr, up 59.51% year-on-year.

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