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Akme Fintrade's board has approved raising up to ₹30 Cr through a private placement of Listed, Rated, Senior, Secured, Transferable, Redeemable Non-Convertible Debentures (NCDs). These NCDs will be listed on BSE and offer a 12% annual interest rate, paid monthly. The principal will be repaid in two tranches: 50% after 18 months and the remaining 50% after 24 months. The debentures are secured by assets providing a 110% cover. The document does not specify the intended use of these funds.