Akme Fintrade (India) Limited — Board Meeting, 10-12-2024: Outcome of Board Meeting

The Board has approved the raising of funds up to ₹ 44.96 Cr through a preferential issue of 40.5 lakh fully convertible warrants at ₹ 111 each, aimed at both promoter and non-promoter categories. Additionally, an Extraordinary General Meeting is scheduled to discuss related matters. M/s. Ronak Jhuthawat & Co. will serve as the scrutinizer for this meeting. This strategic move is expected to bolster the company's financial position and enhance capital availability for upcoming projects.