Akme Fintrade (India) Limited, a leading non-banking financial company (NBFC) headquartered in Rajasthan, India, has announced a stock split of its equity shares. The company’s Board of Directors has set April 18, 2025, as the record date to determine shareholder eligibility for the sub-division of shares. The split will convert each fully paid-up share with a face value of ₹10 into ten shares with a face value of ₹1 each.
Akme Fintrade (India) Limited, a prominent non-banking financial company (NBFC) based in Rajasthan, has announced a stock split to enhance share liquidity and accessibility for investors. The Board of Directors has set April 18, 2025, as the record date for determining shareholder eligibility for the sub-division of equity shares.
As per the announcement, each fully paid-up equity share with a face value of ₹10 will be split into ten equity shares, each with a face value of ₹1. This move aims to make shares more affordable for investors while potentially increasing trading volumes on the stock market.
Akme Fintrade (India) Limited is a well-established NBFC offering financial solutions, including loans for small businesses and individuals across India. The company focuses on financial inclusion by providing credit to underserved segments. The decision to split shares aligns with its strategy to expand investor participation and strengthen its market position.
The announcement was made under Regulation 42 of SEBI’s (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that the information is available on its official website.
Investors and market participants are expected to closely monitor the impact of this stock split on trading patterns, liquidity, and Akme Fintrade’s overall valuation.
For further details, shareholders can visit www.akmefintrade.com.