Akme Fintrade (India) Limited (AFIL) — Board Meeting
The board approved allotment of 25,000 secured, listed, redeemable non-convertible debentures at a face value of INR 10,000 each, aggregating to INR 25 crores via private placement. The issue is listed on NSE with a 24-month tenure maturing on July 14, 2028, offering an 11.50% coupon payable monthly. Security cover of 1.10x on loan receivables is mandated, and payment defaults trigger additional 2% annual interest. The meeting concluded within 30 minutes.
About Akme Fintrade (India) Limited (AFIL)
Financial Services · Finance · Listed on NSE
📡 Get AI alerts when AFIL files next
Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions
Track AFIL — Free💡 Ask AI about this filing
📊 More AFIL filings
- share transfer — 13 July 2026 No summary available
- 🔴 Annual Report — 11 July 2026 The filing announces the 30th Annual General Meeting of Akme Fintrade (India) Limited scheduled for ...
- 🟡 Board Meeting — 29 June 2026 The board approved the conversion of 300,000 warrants into 3 million equity shares at Rs 11.10 each,...
- 🟡 Board Meeting — 29 June 2026 On June 29, 2026, Akme Fintrade (India) Limited approved a Rs 11.10 per share preferential allotment...
- 🟡 Board Meeting — 29 June 2026 The Board approved the conversion of 300,000 warrants into 3,000,000 equity shares at Rs 11.10 each ...
🔥 Also filed on 14 July 2026
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
📡 Get AI alerts when AFIL files new disclosures
Track AFIL filings, board meetings, and corporate actions. Free email alerts at 5 PM.
Track AFIL — FreeFree account · 2 AI queries/day
© 2026 StockFin.ai — AI-powered Indian stock research