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Akme Fintrade Allots ₹50 Crore Secured NCDs In Series A1 And A2


19 October 2026
Akme Fintrade (India) Ltd.

Board allotted 50,000 secured listed rated NCDs aggregating Rs 50 Cr — Series A1 Rs 25 Cr at 11.40% for 24m to Oct 2028 and Series A2 Rs 25 Cr at 11.60% for 30m to Apr 2029. Closes recent approval for same-series NCDs within days; repeats prior coupon-tenure-cover structure — routine follow-through in ongoing debt-funded scale-up with further issuance headroom. Adds leverage with monthly payouts and 1.10x cover over loan receivables; NSE listing, security perfection and use of proceeds not yet disclosed.


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