AK Capital Services Ltd

AK Capital Services Ltd: Closure of Trading Window from October 1, 2026 till 48 hours after the declaration of Un-audited Financial Results for the quarter and half year ending on September 30, 2026

CP Allotment Details

• Banking and Investment Committee approved allotment of 400 CPs aggregating INR 20 crore.
• CPs have face value INR 5,00,000 each; issue price INR 4,81,904.
• Date of issue and allotment: 23 September 2026; redemption: 24 February 2027.
• Discount rate: 8.90% per annum; ISIN: INE701G14445; IPA: The Federal Bank Limited.
• Credit rating: CARE A1+; listing proposed on BSE Limited.
• Redemption value equals INR 20 crore.

Issuance of CPs approved

• Banking and Investment Committee approved issuance of 400 CP units.
• Face value INR 5,00,000 each, aggregating INR 20,00,00,000.
• Proposed issue and allotment on 23 September 2026; maturity on 24 February 2027.
• Subject to RBI/SEBI and applicable regulatory compliance.

Reclassification to Public

• No-objection letter from BSE dated Sep 18, 2026 for reclassifying A. K. Capital Markets Limited.
• Outgoing Promoter Group member is A. K. Capital Markets Limited with Nil shares (0%).
• NOC enclosed; will be hosted on the company website; references Aug 11-14, 2026 intimations.

AGM Details

• Date and time: 12 Sep 2026, 10:00 IST; mode: VC/OAVM.
• End time: 10:39 IST; record date: 05-09-2026; record shareholders: 3,071.
• Attendees: 4 Promoter Group, 45 Public via video; total resolutions passed: 16.

Ordinary Business

• Res 1: Adopt standalone and consolidated financial statements; passed with near-unanimous support.
• Res 2: Confirm interim dividends of INR 16 and INR 22 per share; passed.
• Res 3: Declare final dividend of INR 22 per share; passed.
• Res 4: Re-appoint Ms. Aditi Mittal as Director; passed.

Material Related Party Transactions

• Res 5: Related party transactions with A. K. Capital Finance Limited; passed.
• Res 6: Related party transactions with A. K. Services Private Limited; passed.
• Res 7: Related party transactions with Family Home Finance Private Limited; passed.
• Res 8: Related party transactions with A. K. Alternative Asset Managers Private Limited; passed.
• Res 9: Related party transactions with India Bond Private Limited; passed.
• Res 10: Related party transactions with IB Future Tech Private Limited; passed.
• Res 11: Related party transactions with IndiaBonds Money Private Limited; passed.

Other Material Approvals (Special Business)

• Res 12: Re-appointment of Mr. Vinod Kumar Kathuria as Independent Director for second term; passed.
• Res 13: Revision in remuneration of Managing Director Mr. A. K. Mittal; passed.
• Res 14: Issuance of Commercial Paper up to INR 500 crore; passed.
• Res 15: Investments, Give Loans, Guarantees and provide Securities; passed.
• Res 16: Issuance of Non-Convertible Redeemable Preference Shares; passed.

Dividend and Capital Actions Summary

• Interim dividends: INR 16 and INR 22 per share declared for the year.
• Final dividend: INR 22 per share declared for the year.
• Commercial Paper issued within borrowing limits; NCD/Pref share issuances approved as applicable.

Note on Voting and Dissent

• Most resolutions passed with approximately 99.99% in favour; minimal dissent (~0.01%).
• No resolution appears to have failed.

AGM Details

• Held on 12 September 2026 at 10:00 AM via VC/OAVM.
• Attendance: 49 Members including authorized representatives.
• Chaired by Mr. Rajiv Bakshi, Chairman.
• Venue deemed at registered office.

Ordinary Business

• Adopt standalone financial statements for year ended 31 March 2026.
• Adopt consolidated financial statements for year ended 31 March 2026.
• Approve interim dividends of INR 16 and INR 22 per share.
• Declare final dividend of INR 22 per share.
• Re-appoint Ms. Aditi Mittal, retire by rotation.

Material Related Party Transactions

• Approve RPT with A.K. Capital Finance Limited up to INR 6,500 crores.
• Approve RPT with A.K. Services Private Limited up to INR 3,750 crores.
• Approve RPT with Family Home Finance Private Limited up to INR 700 crores.
• Approve RPT with A.K. Alternative Asset Managers Private Limited up to INR 500 crores.
• Approve RPT with India Bond Private Limited up to INR 700 crores.
• Approve RPT with IB Future Tech Private Limited up to INR 700 crores.
• Approve RPT with IndiaBonds Money Private Limited up to INR 150 crores.

Director & Remuneration

• Re-appoint Vinod Kathuria as Independent Director for second term (2026–2031).
• Remuneration revision for MD A.K. Mittal.

Capital & Other Approvals

• Issuance of Commercial Paper up to INR 500 crores.
• Investments, loans, guarantees, and securities up to INR 3,000 crores.
• Issuance of Non-Convertible Redeemable Preference Shares up to INR 100 crores.

Dividend and tax update

• Interim dividend of INR 12 per share declared; record date 1 September 2026.
• Dividend payable within 30 days of declaration, on or before 10 September 2026; paid electronically.
• Demat holders: update bank details with DP.
• Physical holders: update PAN, bank details, signature, and nomination to MUFG Intime.
• TDS for residents: 10% on dividends; no TDS if annual dividend up to INR 10,000; PAN missing 20%.
• Non-residents: withholding 20% or DTAA rate; 30% for Notified Jurisdictional Area; nil for certain funds.
• Declaration under Rule 203 IT Rules: custodian must file name, address, PAN, status, shares, dividend amount.
• Documents to be emailed by Sept 1, 2026 to investortaxdeclarations@akgroup.co.in; incomplete forms rejected.
• KYC updates required; SEBI circulars mandate electronic payments; physical folios without updated KYC may be withheld.
• No liability for excess TDS; shareholders may file tax returns to claim refunds.

AGM Details

• Date/time: 12 Sep 2026, 10:00 IST; mode: VC/OAVM.
• Remote e-voting window: 9–11 Sep 2026.
• Record date for final dividend: 21 Aug 2026.
• Closing of books: 22–29 Aug 2026.

Dividend & Entitlements

• Final dividend proposed: INR 22 per equity share; subject to shareholder approval.
• Interim dividends paid in FY2025-26: INR 16 and INR 22 per share.

Resolutions Put to Vote

• Ordinary: adopt standalone and consolidated financial statements.
• Ordinary: confirm interim dividends declared for FY2025-26.
• Ordinary: declare final dividend of INR 22 per share.
• Special: approve material related party transactions with AKC Finance Ltd up to INR 6,500 Cr.

Financial highlights

• Standalone revenue INR 18,822.68 lakh.
• Consolidated revenue INR 57,301.58 lakh.
• Standalone PAT INR 6,158.92 lakh.
• Consolidated PAT INR 11,404.48 lakh.
• Standalone EPS INR 93.32.
• Consolidated EPS INR 167.20.
• Total dividend for FY25-26 INR 60 per share.

Dividend & capital allocation

• Interim dividend INR 38 per share.
• Final dividend INR 22 per share.
• Record date Aug 21, 2026; payment by Oct 10, 2026.