Akme Fintrade (India) Ltd. Reports Voting Results from Extraordinary General Meeting

Akme Fintrade (India) Ltd. Reports Voting Results from Extraordinary General Meeting

Akme Fintrade (India) Ltd. Reports Voting Results from Extraordinary General Meeting​

Mumbai, India – March 20, 2026 – Akme Fintrade (India) Ltd. announced today the results of its Extraordinary General Meeting (EGM) held on Friday, March 20, 2026, via video conferencing. The resolution to consider and approve the issue of warrants on a preferential cum private placement basis to promoter group members was passed with a requisite majority.

According to the voting results, a total of 149,425,860 shares were voted in favor of the resolution, out of a total of 149,425,860 shares polled by promoter and promoter group shareholders.

The company also received votes from public institutional and non-institutional shareholders. Public-non-institutional shareholders polled 38,765,892 shares, with 38,765,392 votes in favor of the resolution.

A consolidated report from the scrutinizer, Ronak Jhuthawat & Co., was submitted following the meeting.

The voting results and the scrutinizer’s report are available on the company's website at www.akmefintrade.com.
Resolution (1)Resolution (1)Resolution (1)Resolution (1)Resolution (1)
Resolution required: (Ordinary / Special)Resolution required: (Ordinary / Special)Resolution required: (Ordinary / Special)Resolution required: (Ordinary / Special)Special
Whether promoter/promoter group are interested in the agenda/resolution?Whether promoter/promoter group are interested in the agenda/resolution?Whether promoter/promoter group are interested in the agenda/resolution?Whether promoter/promoter group are interested in the agenda/resolution?Yes
DescriptionDescriptionDescriptionDescriptionTO CONSIDER AND APPROVE ISSUE OF WARRANTS ONAPREFERENTIALCUM PRIVATE PLACEMENT BASIS TO THE PERSONS BELONGING TO THE PROMOTER AND
CategoryMode of votingNo. of shares heldNo. of votes polled%of Votes polled on outstanding shares
(1)(2)(3)=[(2)/(1)]*100
Promoter and Promoter GroupE-Voting149425860149425860100.0000
Promoter and Promoter GroupPoll14942586000.0000
Promoter and Promoter GroupPostal Ballot (if applicable)14942586000.0000
Promoter and Promoter GroupTotal149425860149425860100.0000
Public- InstitutionsE-Voting000
Public- InstitutionsPoll000
Public- InstitutionsPostal Ballot (if applicable)000
Public- InstitutionsTotal000.0000
Public- Non InstitutionsE-Voting3876589238765892100.0000
Public- Non InstitutionsPoll00.0000
Public- Non InstitutionsPostal Ballot (if applicable)00.0000
Public- Non InstitutionsTotal3876589238765892100.0000
Total TotalTotal Total188191752188191752100.0000
The total number of votes polled was 188,191,752.

Source:​

 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top