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Akme Fintrade (AFIL) has announced key board decisions. The company plans to raise up to INR 50 Cr through Non-Convertible Debentures (NCDs) via private placement. These NCDs will be listed on NSE, have a tenure of up to 24 months, and offer a 12% annual interest rate with monthly payments, with principal repaid in four equal installments. Additionally, the board appointed Mrs. Neelam Tater, an experienced finance professional, as an Independent Director for a five-year term, subject to shareholder approval.