Akme Fintrade (India) Limited — QIP/Rights/Pref., 10-12-2024: Issue of Securities

Akme Fintrade (India) Limited has announced a board meeting outcome, approving a preferential issue of up to 40,50,000 fully convertible warrants to raise ₹44.96 crore. Each warrant, priced at ₹111, can be converted into equity shares within 18 months. The preferential allotment will benefit both Promoter Group and Non-Promoter public investors. Additionally, an Extra Ordinary General Meeting is scheduled for January 6, 2025, to discuss this matter further.