Akme Fintrade (India) Limited — Board Meeting, 05-08-2025: Outcome of Board Meeting
05-08-2025 | 04:43 pm
05-08-2025 | 04:43 pm
Akme Fintrade's board approved raising up to ₹50 Cr via a private placement of Listed, Rated Non-Convertible Debentures (NCDs). These NCDs, set to be listed on NSE, will offer a 12% interest paid monthly, with principal repayment in four equal installments over 24 months. The company also appointed Mrs. Neelam Tater as an Additional Independent Director for a five-year term. A Chartered Accountant and Company Secretary, she brings valuable experience in finance management and risk assessment.
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