AKME FINTRADE : ISSUES NON-CONVERTIBLE DEBENTURES WORTH RS 25 CR

• Plans to issue listed, rated, senior, secured, transferable, redeemable, non-convertible debentures up to ₹25 crores on a private placement basis in one or more tranches. • Will maintain a security cover of at least 1.10x over loan receivables. • Details regarding payment default and breach of covenants are specified, including additional interest at 2% p.a.

Akme Fintrade (India) Ltd

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