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Akme Fintrade Announces Director Change and Debenture Issuance

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Akme Fintrade Announces Director Change and Debenture Issuance

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Akme Fintrade (India) Limited ( (IN:AFIL) ) just unveiled an announcement.

Akme Fintrade (India) Limited has announced a significant change in its board of directors, which includes the appointment of Mr. Jinit Jain as a new director. The company, which operates in the financial services sector, is focused on enhancing its governance and strategic direction through this leadership change. Additionally, the company has approved the issuance of senior, secured, listed, rated, transferable, redeemable, non-convertible debentures up to INR 200 crores on a private placement basis. This move is expected to strengthen the company’s financial position and provide it with the necessary capital to support its growth initiatives.

More about Akme Fintrade (India) Limited

Average Trading Volume: 292,814

Technical Sentiment Signal: Sell

Current Market Cap: 2.97B INR

For detailed information about AFIL stock, go to TipRanks’ Stock Analysis page.

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