NSEIssue of Securities3 Jul 2026 · 3 Jul 2026, 12:10 pm
Issue of Securities
Akme Fintrade (India) Limited · AFIL
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Akme Fintrade (India) Limited has informed the Exchange about the issue of Non Convertible Debentures (NCDs) worth up to INR 25 Crores on a private placement basis.
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Full Announcement
Akme Fintrade (India) Limited has informed the Exchange about issue of Non Convertible Debenture
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AKMEFINTRADE_03072026121040_Outcome_of_Committee_Meeting.pdf
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Date: July 03, 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: Disclosure under Regulation 30 and 51 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – issuance of non-
convertible debentures by Akme Fintrade (India) Limited (“the Company”).
Dear Sir,
Pursuant to Regulation 30 and 51 and other applicable provisions of SEBI Listing Regulations, we hereby inform you
that the Loan & Investment Committee, as authorized by the Board of Directors of the Company, has approved the
following at its meeting held today:
Issuance of Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures upto
INR 25 Crores (Indian Rupees Twenty-Five Crores Only) on private placement basis in one or more tranches
is enclosed herewith as Annexure I.
Details as required under regulation 30 of Listing Regulations read with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 are enclosed herewith.
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-I
Details of Non-Convertible Debenture
Sr. No. Particulars Details
1 Type of securities proposed to be issued Listed, Rated, Senior, Secured, Transferable,
Redeemable, Non-Convertible Debentures
(“Debentures”)
2 Type of issuance Issue of NCDs on a private placement basis to
eligible investors
3 Total amount for which the securities will be Up to INR 25,00,00,000 (Indian Rupees Twenty
issued (Size of the issue) -Five Crores) in one or more tranches series
4 Whether proposed to be listed? If yes, name of Proposed to be listed on National Stock
the stock exchange(s) Exchange of India Limited.
5 Tenure of the instrument - date of allotment and As specified in the key information document
date of maturity
6 Coupon/interest offered, schedule of payment of As specified in the key information document
coupon/ interest and principal
7 Charge/security, if any, created over the assets The Company shall maintain the security cover
of at least 1.10x (one decimal one zero times) at
all times during the tenure of the Debentures
(“Minimum Security Cover”) over loan
receivables, present and future, of the Issuer that
fulfil the eligibility criteria set out here below
under the heading Eligibility Criteria with the
prescribed security cover on or prior to the
Deemed Date of Allotment.
8 Special right /interest/ privileges attached to the NA
instrument and changes thereof
9 Delay in payment of interest / principal amount Payment Default including Event of Default
for a period of more than three months from the If, at any time, there shall be a payment default
due date or default in payment of interest / or any other Event of Default, the Company
principal agrees to pay an additional interest rate of 2% per
annum (two-point zero zero percent) above the
applicable Interest Rate on the Outstanding
Principal Amount from the date of the
occurrence of the payment default or Event of
Default until such payment default or Event of
Default is cured or the final redemption amount
is paid (whichever is earlier).
Breach of Covenants & Undertakings
In case of default by the Issuer in the
performance of any of the covenants &
undertakings (Negative, Affirmative &
Reporting) of this Issuance, including but not
limited to the financial covenants of this
Issuance, additional interest at 2% p.a. (two-
point zero zero percent) over the Coupon Rate
will be payable by the Issuer for the defaulting
period from the date of such breach. The penalty
shall be paid within 30 (Thirty) calendar days
from the date of such breach and as per the
relevant provisions contained in Transaction
Documents. If such breach continues beyond the
initial thirty (30) day period, the penalty shall be
payable at the end of every subsequent thirty (30)
calendar day period until the breach is cured in
full.
Delay in security creation
In the event the Issuer’s fails to execute
Hypothecation Agreement and perfect security
within the timelines, the Issuer shall pay
additional interest of 2.00% (two point zero zero
percent) over and above the Interest Rate.
Delay in execution of Debenture Trust Deed
If not already executed, the Company shall
execute the Debenture Trust Deed within the
timelines prescribed by SEBI. In case of a delay
in execution of Debenture Trust Deed, the
Company will pay penal interest of at least 2%
p.a. (two percent per annum) over the Coupon
Rate till the execution of Debenture Trust Deed.
Details of any letter or comments regarding Not Applicable
10 payment/non-payment of interest, principal on
due dates, or any other matter concerning the
security and/or the assets along with its
comments thereon, if any
11 Details of redemption of debentures As specified in the key information document