The Board of Directors of Akme Fintrade (India) Limited held a meeting on Monday, 15th September 2025 at the registered office of the company, where several key financial decisions were taken. The major announcement from this meeting was the allotment of 30,000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs), each valued at ₹10,000, aggregating to a total of ₹30,00,00,000. These debentures were issued on a private placement basis to eligible investors.

The private placement of NCDs is an important financial instrument allowing Akme Fintrade to raise capital efficiently while offering investors a fixed-income investment opportunity. These NCDs are designed to be secured, ensuring the investor’s principal is backed by eligible assets of the company. The company will maintain a minimum security cover of 1.10x over loan receivables, both present and future, which fulfills eligibility criteria for the debenture issuance.

These debentures are proposed to be listed on the National Stock Exchange (NSE), providing additional transparency and liquidity for investors. The tenure of these instruments is 24 months, starting from the deemed date of allotment on 15th September 2025 and maturing on 15th September 2027. Investors will receive a 12% annual coupon, paid on a monthly basis, with the principal amount repaid at maturity.

In the event of any payment default, including delays in interest or principal repayment exceeding three months, the company will attract an additional 5% per annum over the applicable coupon rate on the outstanding principal amount. Similarly, breaches of covenants or undertakings by the company will attract 2% per annum over the coupon rate until the default is corrected.

The security creation is a critical aspect of this issuance. The company has committed to perfect the security on or before the deemed date of allotment, with a maximum grace period of seven days. If security perfection is delayed beyond this period, the debenture holders are entitled to early redemption and additional interest over the coupon rate until the security is perfected.

Akme Fintrade’s decision to raise funds via NCDs reflects its strategic financial planning, enabling it to expand operations and strengthen its balance sheet while providing investors with a highly rated, secured investment option. NCDs are increasingly popular among investors seeking predictable returns, particularly in the fixed-income segment, due to their secured nature, defined coupon, and structured maturity schedule.

The private placement route was chosen to target eligible institutional and high-net-worth investors, ensuring smooth and compliant allotment. This method allows the company to manage regulatory requirements efficiently, under the SEBI Listing Regulations and SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024.

Akme Fintrade’s transparent disclosure includes detailed terms regarding the coupon schedule, security cover, and consequences of default. The company has clarified that minor administrative delays, such as incorrect beneficiary details, will not attract penalties if corrected within three business days, ensuring fairness to investors.

The redemption process is governed by the Debenture Trust Deed, executed between the issuer and the Debenture Trustee. The NCDs are structured to provide investors with security, transparency, and regular income through interest payouts while supporting the company’s capital requirements.

In conclusion, this strategic NCD issuance by Akme Fintrade demonstrates a careful balance between raising capital efficiently and providing investors with secure, high-return opportunities. By maintaining a strict security cover, clear penalty clauses, and timely interest payouts, the company ensures confidence among investors while complying with SEBI regulations.

This issuance highlights the growing preference among Indian companies for structured debt instruments like NCDs, allowing them to access capital without diluting equity while offering investors predictable returns with minimized risk. Akme Fintrade’s private placement of 30,000 NCDs worth ₹30 crore is a significant step in this direction, setting an example for transparent and investor-friendly debt issuance practices.

The Upcoming IPOs in this week and coming weeks are Karbonsteel Engineering, Taurian MPS, L. T. Elevator, Galaxy Medicare, Airfloa Rail Technology, Dev Accelerator, Jay Ambe Supermarkets, Urban Company, Shringar House of Mangalsutra, .

The Current active IPO are Nilachal Carbo Metalicks, Krupalu Metals, Vashishtha Luxury Fashion, Sharvaya Metals, Vigor Plast India, Austere Systems.

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