Financial Performance Overview
Akme Fintrade reported strong FY26 results with gross loans growing 38% YoY to ₹7,782 crore and net profit increasing 27% to ₹423 crore. The company maintained robust asset quality with stage 3 loans at 2.93% of gross portfolio and achieved CRAR of 46.23% with tier-I capital at 45.36%, well above regulatory requirements. The company raised ₹171 crore through secured NCDs and completed a 1:10 stock split in April 2025, increasing outstanding shares to 42.67 crore shares of ₹1 face value.
30th AGM Details and Resolutions
The company will convene its 30th Annual General Meeting on August 4, 2026 via video conference to consider 10 resolutions. Key agenda items include:
- Adoption of FY26 financial statements and reports
- Reappointment of Mr. Jinit Sureshkumar Jain as Director
- Appointment of M/s Shyam S. Gupta & Associates as Statutory Auditor
- Special business to increase borrowing limits to ₹1200 crore
- Creation of charge on company assets up to ₹1200 crore to secure borrowings
- Regularization of executive director appointments and remuneration approvals
- Approval of material related party transactions with Akme Build Estate Limited
Voting Process and Shareholder Information
E-voting will be facilitated through Central Depository Services (India) Limited with July 28, 2026 as cut-off date. Remote e-voting period is from August 1-3, 2026, with voting available during the AGM for members attending through VC/OAVM. The company confirms compliance with SEBI Listing Regulations, Companies Act 2013, and all relevant MCA circulars.
Capital Structure and Regulatory Compliance
The company maintains strong capital adequacy with debt-equity ratio at 1.19 times and adequate liquidity of ₹452.19 crore in cash equivalents. Akme Fintrade has not defaulted in repayment of borrowings or debt securities and confirms compliance with all RBI regulations for NBFCs. The financial statements include all required disclosures under RBI Master Direction, SEBI Listing Regulations, Companies Act 2013, and Indian Accounting Standards.
Related Party Transactions and Corporate Governance
The document discloses material related party transactions including ₹5.73 crore interest income from Akme Build Estate Limited, ₹95.00 crore security deposit, and ₹70.00 crore fixed asset purchases. Director remuneration includes ₹121.00 crore to Nirmal Kumar Jain (MD) and ₹61.00 crore to Manju Devi Jain. The company spent ₹53.00 crore on CSR against required ₹56.94 crore.