Akme Fintrade (India) Limited — Important, 05-05-2026: Disclosure of material issue
Akme Fintrade (AFIL) clarifies points regarding its recent preferential share issue.
**The Issue:** Stakeholders raised questions about the absence of reference to a specific SEBI regulation (Regulation 166A) regarding valuation in the original explanatory statement for the preferential issue.
**Company's Response:** AFIL states that Regulation 166A is **not applicable** because no allottee will hold 5% or more of the company's shares post-issue. Despite this, to ensure complete transparency, AFIL *voluntarily* obtained a valuation report under the Companies Act, 2013. The company has also provided details of the valuer and a direct link to the PCS certificate.
**Possible Impact:** This proactive clarification aims to assure investors about the fair pricing, transparency, and regulatory compliance of the preferential issue, mitigating potential concerns about share dilution or valuation.
