Akme Fintrade (India) Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Akme Fintrade's board has approved the financial results for the first quarter ended June 30, 2025. The company reported a net profit of ₹9.61 Cr, a notable increase from ₹8.61 Cr in the same quarter last year.

In a strategic move, the board also approved raising up to ₹30 Cr by issuing Listed, Rated, Senior, Secured, Transferable, Redeemable Non-Convertible Debentures (NCDs) via private placement. These NCDs will carry a 12% annual interest rate and are proposed to be listed on BSE.

Additionally, M/s. Ronak Jhuthawat & Co. was approved as the Secretarial Auditor for a five-year term, pending shareholder consent.