Akme Star Housing Finance gets nod to raise Rs 17.87 crore
9th Jul 2019

Akme Star Housing Finance has received approval for raising of fund up to Rs 17.87 crore by way of issue upto 38,85,000 equity shares face value of Rs 10 each on preferential basis to Arkfin Investments for meeting working capital requirement and expansion of business activities. The Board of Director of the company at its meeting held on July 8, 2019 has approved the same.

Akme Star Housing Finance is a non-deposit-taking housing finance company, which is engaged in carrying out activities of housing finance companies. The company operates in two business verticals - housing loan and non-housing loans.