Akme Fintrade (India) logo

Akme Fintrade (India) MD, chairman, board of directors and AGM

NSE: AFILBSE: 544200FinanceSmall Cap

Last close ₹7.19down ₹0.43 (5.64%)BSE ₹7.23

Share price at the NSE close on 23 Oct 2026. Previous close ₹7.62.

52-week range of traded prices to 23 Oct 2026
₹3.92Low, 2 Feb 2026₹11.10High, 22 Jun 2026
Market cap
₹307 Cr2,072nd largest listed
P/E
6.9
P/B
0.7
Dividend yield
Nonein the last 12 months
ROE
11.0%
NIM
12.98%
Cost of funds
14.36%
Credit cost
0.83%
ROA
5.26%
Leverage
2.00times net worth
Volume, NSE
9,45,86452.5% delivered

Akme Fintrade (India) board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorNirmal Kumar jain
  • Company Secretary and Compliance OfficerMr. Manoj Kumar Choubisa

8 directors4 independent4 executive

  • Nirmal Kumar jain · Chairperson and managing directorExecutive · joined Aug 1996 · reappointed Jun 2023 · 1 listed board · 1 committee seat
  • Rajendra ChittoraExecutive · joined Dec 2020 · reappointed Sep 2025 · 1 listed board
  • Antima KatariaIndependent · joined Dec 2022 · 42 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Sanjay Dattatray TatkeIndependent · joined Jan 2023 · 41 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Nishant SharmaIndependent · joined Jan 2023 · 41 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Neelam TaterIndependent · joined Aug 2025 · 10 months as independent · 4 listed boards · 4 as independent · 4 committee seats
  • Jinit Sureshkumar JainExecutive · joined Dec 2025 · 1 listed board
  • Kamlesh JainExecutive · joined May 2026 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • VIMAL S BOLIA, left 8 Sep 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 29 Jun 20265 of 8 present2 independent · 27 days in between
    • 1 Jun 20266 of 8 present3 independent · 10 days in between
    • 21 May 20268 of 8 present4 independent · 14 days in between
    • 6 May 20267 of 7 present4 independent · 15 days in between
    4 earlier meetings
    • 20 Apr 20267 of 7 present4 independent · 57 days in between
    • 21 Feb 20267 of 7 present4 independent · 14 days in between
    • 6 Feb 20266 of 7 present4 independent · 17 days in between
    • 19 Jan 20267 of 7 present4 independent
  • Audit Committee

    Chair Nishant Sharma

    Antima Kataria, Nirmal Kumar jain

    • 29 Jun 20263 of 3 present2 independent
    • 6 May 20263 of 3 present2 independent · 88 days in between
    • 6 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Antima Kataria

    Nishant Sharma, Neelam Tater

    • 29 Jun 20263 of 3 present3 independent · 53 days in between
    • 6 May 20263 of 3 present3 independent · 88 days in between
    • 6 Feb 20263 of 3 present3 independent
  • Stakeholders Relationship Committee

    Chair Antima Kataria

    Nishant Sharma, Sanjay Dattatray Tatke

    • 6 Feb 20263 of 3 present3 independent
  • Risk Management Committee

    Chair Nirmal Kumar jain

    Nishant Sharma, Suresh Chandra Gupta

    • 6 Feb 20262 of 2 present1 independent · 17 days in between
    • 19 Jan 20262 of 2 present1 independent
  • Corporate Social Responsibility Committee

    Chair Nirmal Kumar jain

    Antima Kataria, Rajendra Chittora

    • 19 Jan 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • Valawat & AssociatesPeer-review certificate valid to May 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Akme Fintrade (India) AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Akme Fintrade (India) share news and announcements

Annual general meeting, 4 Aug 2026

36,726 shareholders on the register on 28 Jul 2026; present: 5 promoters and 32 others; votes counted by Dr. Ronak Jhuthawat / M/s. Ronak Jhuthawat & Co..The company's voting result (opens in a new tab)

  1. Ordinary Resolution for Consideration and Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  2. Ordinary Resolution for Re-appointment of Mr. Jinit Sureshkumar Jain, (DIN: 10628200) as a Director liable to retire by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  3. Ordinary Resolution for Appointment of Statutory Auditor of the Company and fix their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  4. Special Resolution for Consideration and approval of the increase in overall Borrowing Limits of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  5. Special Resolution for Approval of increase in limit for creation of charge on the assets of the Company up to an amount of Rs. 1,200 Crore to secure its borrowings
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  6. Special Resolution for Regularization of appointment of Mr. Kamlesh Jain (DIN: 08905531) and fix the remuneration payable him as an executive director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  7. Special Resolution for Approval for waiver of recovery of excess managerial remuneration paid to Mr. Rajendra Chittora (DIN: 08211508), Executive Director for the Financial Year 2025-26
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  8. Ordinary Resolution for Consideration and approval of the increase in the Authorised Share Capital of the Company and subsequent alteration of the Memorandum of Association.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  9. Ordinary Resolution for Approval of remuneration payable to Mr. Rajendra Chittora (DIN: 08211508), Executive Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  10. Ordinary Resolution for Approval of the material related party transactions with Akme Build Estate Limited.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 99.71% · promoters 100.00% · institutions 100.00% · other public 99.51%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 20 Mar 2026, 1 resolution

42,058 shareholders on the register on 13 Mar 2026; present: 5 promoters and 36 others; votes counted by Dr. Ronak Jhuthawat / M/s. Ronak Jhuthawat & Co..The company's voting result (opens in a new tab)

  1. TO CONSIDER AND APPROVE ISSUE OF WARRANTS ON A PREFERENTIAL CUM PRIVATE PLACEMENT BASIS TO THE PERSONS BELONGING TO THE PROMOTER AND NON-PROMOTER CATEGORY.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 22 Feb 2026, 1 resolution

43,953 shareholders on the register on 16 Jan 2026; votes counted by Dr. Ronak Jhuthawat / M/s Ronak Jhuthawat & Co..The company's voting result (opens in a new tab)

  1. Appointment of Mr. Jinit Sureshkumar Jain (DIN: 10628200) designated as an Executive Director for a period of 3 (Three) years with effect from December 13, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 37.47% · promoters 89.04% · institutions 0.00% · other public 1.33%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2025, 6 resolutions

3,25,820 shareholders on the register on 23 Sep 2025; present: 6 promoters and 30 others; votes counted by Dr. Ronak Jhuthawat / M/S Ronak Jhuthawat & Co..The company's voting result (opens in a new tab)

  1. Ordinary Resolution for receiving, considering and adoption of the audited standalone financial statements of the Company for the Financial year ended 31st March, 2025 and the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 34.84% · promoters 79.64% · institutions 0.00% · other public 3.44%

  2. Ordinary Resolution for re-appointment of Mr. Rajendra Chittora (DIN: 08211508), liable to retire by rotation and offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 34.84% · promoters 79.64% · institutions 0.00% · other public 3.44%

  3. Ordinary Resolution for increase in remuneration of Mrs. Manju Devi Jain and holding an office or place of profit in the company.
    OrdinaryPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 2.31% · promoters 0.71% · institutions 0.00% · other public 3.44%

  4. Ordinary Resolution for appointment of M/s Ronak Jhuthawat & Co., Company Secretaries (Firm Registration No. P2025RJ104300) and a Peer reviewed Company Secretaries Firm (Peer Review Number: 6592/2025) as the Secretarial Auditor for a tenure of five consecutive years commencing from F.Y. 2025-26 to F.Y. 2029-30.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 34.84% · promoters 79.64% · institutions 0.00% · other public 3.44%

  5. Special Resolution for appointment of Mrs. Neelam Tater (DIN: 07653773) as a Non-Executive Independent Director, not liable to retire by rotation for a term of 5 (five) consecutive years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 34.84% · promoters 79.64% · institutions 0.00% · other public 3.44%

  6. Special Resolution for alteration of Articles of Association.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 34.84% · promoters 79.64% · institutions 0.00% · other public 3.44%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 14 Mar 2025, 2 resolutions

23,015 shareholders on the register on 7 Feb 2025; votes counted by Dr. Ronak Jhuthawat / M/S Ronak Jhuthawat & Co..The company's voting result (opens in a new tab)

  1. SUB-DIVISION / SPLIT OF EQUITY SHARES
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.42%

    Turnout: all 33.95% · promoters 80.06% · other public 1.14%

  2. ALTERATION OF CAPITAL CLAUSE OF MEMORANDUM OF ASSOCIATION
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.43%

    Turnout: all 33.95% · promoters 80.06% · other public 1.14%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 6 Jan 2025, 1 resolution

22,000 shareholders on the register on 31 Dec 2024; present: 6 promoters and 37 others; votes counted by Dr. Ronak Jhuthawat / M/S Ronak Jhuthawat & Co..The company's voting result (opens in a new tab)

  1. ISSUE OF CONVERTIBLE WARRANTS ON A PREFERENTIAL CUM PRIVATE PLACEMENT BASIS TO THE PERSONS BELONGING TO THE PROMOTER & NONPROMOTER CATEGORY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.04%

    Turnout: all 34.75% · promoters 80.06% · other public 2.50%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 19 Oct 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Amendment for Alteration of object Clause in the Memorandum of Association(MOA)
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 34.28% · promoters 79.35% · institutions 0.00% · other public 2.22%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2024, 2 resolutions

Present: 8 promoters and 37 others.The company's voting result (opens in a new tab)

  1. Consideration and Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended 31stnMarch, 2024 and the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 42.74% · promoters 97.26% · institutions 0.00% · other public 3.94%

  2. Re-appointment of Mr. Rajendra Chittora, (DIN: 08211508) as a Director liable to retire by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 42.74% · promoters 97.26% · institutions 0.00% · other public 3.94%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesMay 2026–To meet working capital requirement of the company and expansion of business of the company––No
Preferential IssuesJun 2026–To meet working capital requirement of the company and expansion of business of the company––No
OthersJun 2026–To meet working capital requirement of the company and expansion of business of the company––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.