Akme Fintrade (India) Limited has issued a notice for a postal ballot, seeking shareholder approval for the appointment of Mr. Jinit Jain (DIN: 10628200) as an Executive Director. The e-voting process will commence on January 24, 2026, at 10:00 AM IST and conclude on February 22, 2026, at 5:00 PM IST. Mr. Jain's appointment is proposed for a period of three years, effective from December 13, 2025. His remuneration will include a salary, perquisites, and allowances up to ₹3 lakh per month, with annual increments determined by the Nomination and Remuneration Committee. Additional benefits like contribution to provident fund, gratuity, and reimbursement of expenses for business travel and communication will also be provided. The total remuneration for executive directors will not exceed 11% of the company's net profits. Mr. Jain is a professional with a postgraduate degree in Marketing, possessing experience in customer service, operations, financial record maintenance, and cost optimization. The company has engaged Central Depositories Services (India) Limited (CDSL) to provide the e-voting facility. The results of the postal ballot are expected to be declared on or before February 24, 2026. The notice for the postal ballot, along with an explanatory statement detailing the terms of appointment and remuneration, has been made available on the company's website and will be sent to members via electronic mode. Mr. Jinit Jain is interested in the resolution concerning his appointment, and Mr. Nirmal Kumar Jain, Chairman and Managing Director, being related to Mr. Jinit Jain, may also be deemed interested.
