Akme Fintrade (India) Limited — Board Meeting, 30-01-2025: Outcome of Board Meeting

The board meeting resulted in the allocation of 20,00,000 fully convertible warrants at an issue price of ₹111 per warrant to non-promoter entities, following the prior approval from shareholders and stock exchanges. The upfront payment received for these warrants totals ₹5.55 Cr, with each warrant convertible into one equity share within 18 months upon payment of the remaining ₹83.25 per warrant. There is currently no change in the company's paid-up equity share capital as a result of this allotment.