Akme Fintrade (India) MD, chairman and AGM
NSE: AFILBSE: 544200FinanceSmall Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹6.91.
27 Oct: open ₹7.00, high ₹7.38, low ₹7.00
- Next results date: the board meets on 30 Oct 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹305 Cr2,072nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 6.89
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.72
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 11.0%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Net interest margin in the glossary
- 12.98%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Cost of funds in the glossary
- 14.36%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Credit cost in the glossary
- 0.83%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. Return on assets in the glossary
- 5.26%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Assets per rupee of net worth in the glossary
- 2.00times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 3,80,25555.6% delivered
Akme Fintrade (India)'s chairperson and managing director is Nirmal Kumar Jain, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 4 Aug 2026.
Akme Fintrade (India) board of directors
At the end of the quarter to Sep 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 · 45 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Sanjay Dattatray TatkeIndependent · joined Jan 2023 · 44 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Nishant SharmaIndependent · joined Jan 2023 · 44 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Neelam TaterIndependent · joined Aug 2025 · 13 months as independent · 4 listed boards · 4 as independent · 4 committee seats
- Jinit Sureshkumar JainExecutive · joined Dec 2025 · reappointed Aug 2026 · 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
- 10 Sep 20267 of 8 present3 independent · 42 days in between
- 29 Jul 20267 of 8 present3 independent · 14 days in between
- 14 Jul 20266 of 8 present3 independent · 14 days in between
- 29 Jun 20265 of 8 present2 independent · 27 days in between
4 earlier meetings
- 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
- 20 Apr 20267 of 7 present4 independent
Audit Committee
Chair Nishant Sharma
Antima Kataria, Nirmal Kumar Jain
- 29 Jul 20263 of 3 present2 independent · 29 days in between
- 29 Jun 20263 of 3 present2 independent · 53 days in between
- 6 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Antima Kataria
Nishant Sharma, Neelam Tater
- 29 Jul 20263 of 3 present3 independent · 29 days in between
- 29 Jun 20263 of 3 present3 independent · 53 days in between
- 6 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Antima Kataria
Nishant Sharma, Sanjay Dattatray Tatke
No meeting listed in the filing.
Risk Management Committee
Chair Nirmal Kumar Jain
Nishant Sharma, Suresh Chandra Gupta
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Nirmal Kumar Jain
Antima Kataria, Rajendra Chittora
- 10 Sep 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.
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..
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
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Ordinary Resolution for Re-appointment of Mr. Jinit Sureshkumar Jain, (DIN: 10628200) as a Director liable to retire by rotationOrdinary100.00% 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%
- Ordinary Resolution for Appointment of Statutory Auditor of the Company and fix their remuneration.Ordinary100.00% 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%
- Special Resolution for Consideration and approval of the increase in overall Borrowing Limits of the Company.Special100.00% 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%
- 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 borrowingsSpecial100.00% 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%
- Special Resolution for Regularization of appointment of Mr. Kamlesh Jain (DIN: 08905531) and fix the remuneration payable him as an executive director of the CompanySpecial100.00% 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%
- 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 2025-26Special100.00% 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%
- 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.Ordinary100.00% 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%
- Ordinary Resolution for Approval of remuneration payable to Mr. Rajendra Chittora (DIN: 08211508), Executive Director of the CompanyOrdinary100.00% 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%
- Ordinary Resolution for Approval of the material related party transactions with Akme Build Estate Limited.OrdinaryPromoters have an interest in it100.00% 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..
- 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 it100.00% 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..
- 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.Ordinary100.00% 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..
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
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 34.84% · promoters 79.64% · institutions 0.00% · other public 3.44%
- Ordinary Resolution for re-appointment of Mr. Rajendra Chittora (DIN: 08211508), liable to retire by rotation and offers himself for re-appointment.Ordinary100.00% 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%
- 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 it99.94% 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%
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
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 34.84% · promoters 79.64% · institutions 0.00% · other public 3.44%
- 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.Special100.00% 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%
- Special Resolution for alteration of Articles of Association.Special100.00% 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
- SUB-DIVISION / SPLIT OF EQUITY SHARESOrdinary99.99% for0.01% against
Against: promoters 0.00% · other public 0.42%
Turnout: all 33.95% · promoters 80.06% · other public 1.14%
- ALTERATION OF CAPITAL CLAUSE OF MEMORANDUM OF ASSOCIATIONOrdinary99.99% 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
- ISSUE OF CONVERTIBLE WARRANTS ON A PREFERENTIAL CUM PRIVATE PLACEMENT BASIS TO THE PERSONS BELONGING TO THE PROMOTER & NONPROMOTER CATEGORYSpecialPromoters have an interest in it100.00% 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
- Amendment for Alteration of object Clause in the Memorandum of Association(MOA)Special99.99% 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.
- 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.Ordinary100.00% 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%
- Re-appointment of Mr. Rajendra Chittora, (DIN: 08211508) as a Director liable to retire by rotationOrdinary100.00% 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.
Fines
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyNational Stock Exchange of India LimitedSince 28 Aug 2026
Listing Fine fees for SOP Reg. 60(2) period ending July 31, 2026
Non Compliance of Regulation 60(2) of Listing Regulations
In the company's own words, from its latest governance filing.
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
- 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
- Yes
- 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.
| Raised | Amount raised | For | Set aside | Spent | Spent 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 |