Akme Fintrade (India) Limited (AFIL) — Corporate Action

· NSE 🔴 High Importance Neutral
📢 Key Event
Allotment of 25,000 NCDs worth INR 25 crores on private placement
🔄 What Changed
Added INR 25 crores debt instrument with 11.50% coupon and 2% default penalty clause
🔮 What's Next
Maturity set for July 14, 2028
💡 Investor Takeaway
The company raised INR 25 crores through secured debentures with monthly interest payments.

Akme Fintrade (India) Limited allotted 25,000 secured, listed, redeemable non-convertible debentures of INR 10,000 each on July 14, 2026, aggregating to INR 25 crores via private placement. The debentures carry an 11.50% coupon payable monthly with principal due on July 14, 2028, and require a minimum 1.10x security cover over loan receivables. Default triggers a 2% additional interest penalty.

📄 View Original Announcement (PDF)

About Akme Fintrade (India) Limited (AFIL)

Financial Services · Finance · Listed on NSE

View full AFIL stock details →

📡 Get AI alerts when AFIL files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track AFIL — Free

📊 More AFIL filings

See all AFIL filings →

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 — Free

Free account · 2 AI queries/day