Akme Fintrade (India) Limited has informed the exchange regarding the forfeiture and lapse of 20,00,000 convertible warrants issued under SEBI (Issue of Capital and Disclosure Requirements) ....

Date: August 06, 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: Intimation of Lapse and Forfeiture of 20,00,000 (Twenty Lakhs) Convertible Warrants issued under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”). Dear Sir/ Ma’am, This is in furtherance of the earlier intimations given by the Company on December 10, 2024 (Preferential Issue), January 06, 2025 (Outcome of EGM) and January 30, 2025 (Allotment), wherein we had informed you that the Company had approved allotment of 20,00,000 convertible warrants to non-promoter category for an issue price of Rs. 111/- each (including face value of Rs. 10/- each) for an amount aggregating to Rs. 22,20,00,000/- In accordance with the terms of issue and Regulation 162 of the SEBI ICDR Regulations, 25% of the issue price was received upfront as the initial subscription amount at the time of allotment and the balance 75% was payable at the time of exercise of warrants within a period of 18 months from the date of allotment, i.e., on or before July 29, 2026. Since, the Company has not received the balance 75% consideration from the warrant holders within the stipulated timeline, accordingly, the outstanding warrants have lapsed upon expiry of the exercise period, i.e., on or before July 29, 2026. Consequently, with effect from July 30, 2026, the upfront subscription amount received at the time of allotment, being 25% of the issue price, amounting to Rs. 5,55,00,000/- stands forfeited, in line with Regulation 169(3) of Chapter V of the SEBI ICDR Regulations. This is further to inform you that, consequent to the lapse of the aforesaid warrants, the warrant holders shall cease to have any rights or entitlement to seek conversion into equity shares of the Company. There will be no change in the paid-up share capital of the Company pursuant to above-mentioned warrants and the amount forfeited pursuant to such lapse shall be retained by the Company and accounted for in accordance with the applicable accounting standards. This matter will be taken up at the forth coming meeting of Board of Directors and necessary resolution will be passed in this regard. The details as required under Regulation 30 of the SEBI Listing Regulations read SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is provided as Annexure A. This intimation is also available on the website of the Company www.akmefintrade.com. Kindly take the same on record. Thanking You, Yours Truly, For Akme Fintrade (India) Limited Manoj Kumar Choubisa Company Secretary and Compliance Officer M. No.: A66176 Annexure A Details as required under Regulation 30 of the SEBI Listing Regulations read SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as under: Sr. Particulars Details 1. Type of securities Convertible Warrants 2. Type of issuance Preferential Allotment 3. Total number of warrants originally allotted 20,00,000 4. Issue price per warrant Rs. 111/- 5. Date of allotment January 30, 2025 6. Tenure 18 months (up to July 29, 2026) 7. Number of warrants exercised NIL 8. Number of warrants lapsed 20,00,000 9. Names of warrant holders whose warrants have Refer Table-I below Lapsed 10. Amount forfeited Rs. 5,55,00,000 11. Any change in capital structure No Table I Sr. Name of Warrants Holders Number of Warrants Amount Forfeited (Rs.) (being No. lapsed 25% upfront consideration) 1 Mr. Shubhash P Rathod 10,00,000 2,77,50,000 2 Mr. Saajan Subhash Rathod 5,00,000 1,38,75,000 3 Mr. Mayank Subhash Rathod 5,00,000 1,38,75,000 Total 20,00,000 5,55,00,000