Resignation

Date: June 29, 2026 National Stock Exchange of BSE Limited India Limited (NSE) Phiroze JeejeeBhoy Tower, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai – 400001. Bandra, Mumbai – 400051. Scrip Code: 544200 Symbol: AFIL Subject: Outcome of Board Meeting held on June 29, 2026 Dear Sir/Madam, Pursuant to provision of Regulation 30, 51 and other applicable Regulations, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of the Company in its meeting held today, June 29, 2026 which commenced at 12.30 PM and concluded at 04:00 PM, interalia, has considered and approved the following: 1. Allotment of 30,00,000 Equity shares of the face value of Rs. 1 each at an issue price of Rs. 11.10/- each (including a premium of Rs. 8.325/- per share), fully paid-up upon exercising the option available with below warrant holders (person belonging to Public category) to convert 3,00,000 warrants allotted on February 07, 2025 as “Annexure A. Sr. Name of the Allottee No. of Warrants No. of Equity Amount received No. allotted Shares allotted being 75% of the issue price 1. Pushpa Jugraj Jain 3,00,000 30,00,000 2,49,75,000 Total 3,00,000 30,00,000 2,49,75,000 Disclosure under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025 CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure A. 2. Allotment of 1,00,00,000 Equity shares of the face value of Rs. 1 each at an issue price of Rs. 7- each (including a premium of Rs. 6/- per share), fully paid-up upon exercising the option available with the below-mentioned warrant holder (person belonging to Public category) to convert 1,00,00,000 warrants allotted on May 21, 2026 as “Annexure Sr. Name of the Allottee No. of Warrants No. of Equity Amount received No. allotted Shares allotted being 75% of the issue price 1. Stellant Securities (India) 1,00,00,000 1,00,00,000 5,25,00,000 Limited Total 1,00,00,000 1,00,00,000 5,25,00,000 Disclosure under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025 CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure B. 3. Considered and approved the resignation of Ms. Latika Jain, Chartered Accountant as an Internal Auditor of the Company: The Board has noted the resignation of Ms. Latika Jain, Chartered Accountant who has resigned as the Internal Auditor of the Company with effect from June 29, 2026. The disclosure pursuant to Regulation 30 of (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025 CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as “Annexure – C”. 4. Appointment of Ms. Ankita Jain, Chartered Accountant as an Internal Auditor of the Company. The Board of Directors has approved the appointment of Ms. Ankita Jain, Chartered Accountant as the Internal Auditors of the Company for the period April 01, 2026-March 31, 2027 as recommended by the Audit Committee. The disclosure pursuant to Regulation 30 of (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025 CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as “Annexure – D”. 5. Appointment of Shyam S. Gupta & Associates, Chartered Accountant as Statutory Auditors of the Company. Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Board of Directors of the Company, at its meeting held on June 29, 2026, has, inter alia, considered and recommended the appointment of Statutory Auditors of the Company. Consequent upon the completion of the term of M/s Valawat & Associates, Chartered Accountants (Firm Registration No. 003623C), at the conclusion of the ensuing 30th Annual General Meeting ("AGM") of the Company, the Board of Directors, based on the recommendation of the Audit Committee, has recommended the appointment of M/s. Shyam S. Gupta & Associates, Chartered Accountants (Firm Registration No. 007309C), as the Statutory Auditors of the Company for a term of three consecutive years, commencing from the conclusion of the 30th AGM until the conclusion of the 33rd AGM of the Company, subject to the approval of the Members at the ensuing 30th Annual General Meeting. The disclosure pursuant to Regulation 30 of (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025 CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as “Annexure – E”. 6. Approval for increase in the Authorized Share Capital and subsequent amendment in the share capital clause of Memorandum of Association of the Company. The Board of Directors has approved the increase in authorised share capital of the Company from Rs. 50,00,00,000/- divided into 50,00,00,000 equity shares of Rs. 1/- each to Rs. 60,00,00,000/- divided into 60,00,00,000 equity shares of Rs. 1/- each subject to approval of Shareholders of the Company at the ensuing 30th Annual General Meeting. The Clause V of the Memorandum of Association is substituted as herein below “The Authorised share capital of the Company is Rs. 60,00,00,000/- (Rupees Sixty Crores) divided into 60,00,00,000 (Sixty Crore) equity shares of Rs.1/- (Rupees One) each.” 7. Increase in the borrowing limits of the Company in terms of Section 180(1)(c) of the Companies Act, 2013. The Board has approved, subject to approval of the shareholders of the Company, the proposal to increase the borrowing powers of the Company under Section 180(1)(c) of the Companies Act, 2013 (“Act”) and other applicable provisions thereof, and accordingly to enhance the overall borrowing limits of the Company up to an amount not exceeding Rs. 1,200 Crores from time to time. 8. Creation of Charge/Security under Section 180(1)(a) of the Companies Act, 2013. The Board has approved, subject to the approval of the shareholders the creation of charge(s) on movable and immovable assets of the Company, to secure borrowings up to Rs. 1,200 Crores (including existing borrowings) on terms as may be decided by the Board. 9. The Notice for the 30th Annual General Meeting of the members of the Company. The date, time and mode for the same will be intimated separately in due course of time. The above information is also available on the Company’s website at www.akmefintrade.com. Thanking You, Yours Truly, For Akme Fintrade (India) Limited Manoj Kumar Choubisa Company Secretary and the Compliance Officer M. No.: A66176 Annexure A The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are as under: Sr. No. Particulars Detail 1 Type of securities proposed to be issued Equity Shares pursuant to conversion of Warrants 2 Type of Issuance Preferential Allotment 3 Total number of securities proposed to be Allotment of 30,00,000 Equity Shares of face value of issued or the total amount for which the Rs. 1/- each at an issue price of Rs. 11.10/- each securities will be issued (including a premium of Rs. 10.10/- per share) upon conversion for of Warrants at an issue price of Rs. 11.10/- each upon receipt of balance amount at the rate of Rs. 8.325/- per warrant (being 75% of the issue price per warrant) aggregating to Rs. 2,49,75,000/-. 4 Name of the Investors Pushpa Jugraj Jain 5 Post-allotment of securities  Pursuant to present conversion, the issued, subscribed and paid-up Equity share capital of the Outcome of the subscription Company stands increased to Rs. 42,97,49,960/- consisting of 42,97,49,960 Equity Shares of Rs. Issue Price/Allotted Price (in case of 1/- (Rupee One only) each. convertible)  Pushpa Jugraj Jain holds 30,00,000 Equity Shares No. of investors respectively post allotment.  [Showing first 8,000 characters — download PDF for full document]