Akme Fintrade (India) Limited files a fund-raising or capital proposal
In short
Akme Fintrade (India) Limited informed the Exchange that it will issue 50 crore Non Convertible Debentures (NCDs). In simple terms, the company is raising money by selling debt securities that investors can buy instead of shares. No closing date or validity period was stated for the issue.
Why it matters
The company is raising capital or altering its share structure — check the filing for amount, method (equity/debt/rights) and stated use of funds. This brief was written from the filing itself: at the time of writing, no publisher in our feed had covered it.