AK Capital Services Limited has sent intimation letters to shareholders whose 2nd interim dividend for the financial year 2025-26 could not be processed or credited due to various compliance issues. The company filed this notification with BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on April 2, 2026.

Dividend Declaration Details

The Board of Directors of AK Capital Services declared the 2nd interim dividend at their meeting held on February 7, 2026. The dividend payment specifics are outlined below:

Reasons for Payment Failure

The dividend payments failed for shareholders due to two primary reasons:

• Incorrect or incomplete bank account details: Some shareholders had invalid account status or outdated banking information
• Non-KYC compliance: Certain shareholders' folios were not KYC compliant as per SEBI Master Circular no. HO/38/13/(4)2026-MIRSD-POD/I/4298/2026 dated February 06, 2026

Mandatory KYC Requirements

As per SEBI regulations, all holders of physical securities in listed companies must furnish:

• PAN (Permanent Account Number)
• Contact details including postal address with PIN and mobile number
• Bank account details
• Specimen signature for physical folios
• Nomination details

Action Required from Shareholders

Shareholders whose dividend payments were unsuccessful need to take the following steps:

For Dematerialized Shares:

• Update KYC details with Depository Participant
• Provide self-attested copy of updated Client Master List (CML) certified by Depository Participant

For Physical Shares:

• Submit relevant documents including Forms ISR-1, ISR-2, ISR-3, SH-13 and SH-14
• Update PAN, KYC details and nomination information
• Contact MUFG Intime India Private Limited (Registrar and Transfer Agent)

Contact Information for Assistance

Shareholders can reach out to the company's Registrar and Transfer Agent for assistance:

Shareholders are also encouraged to register and track their requests through the SWAYAM portal at swayam.in.mpms.mufg.com. The company has made the intimation letters available on its website at www.akgroup.co.in for reference.

AK Capital Services Limited has announced a significant investment in its subsidiary company through the subscription of preference shares, strengthening its financial services portfolio and supporting business expansion initiatives.

Investment Approval and Structure

The Banking and Investment Committee of the Board of Directors approved an investment of ₹25 crores in A. K. Capital Finance Limited (AKCFL) on March 27, 2026. The investment will be made through subscription of Non-Cumulative Compulsorily Convertible Preference Shares (CCPS).

Subsidiary Company Profile

A. K. Capital Finance Limited operates as a registered Non-Banking Financial Company with the Reserve Bank of India. The subsidiary is classified as a Systemically Important Non Deposit Accepting Middle Layer NBFC (NBFC-ND-SI) and categorized as Investment and Credit Company (NBFC-ICC).

Financial Performance Overview

Historical Revenue Performance

ACKFL has demonstrated consistent revenue growth over the past three years:

• FY 2024-25: ₹333.83 crore
• FY 2023-24: ₹310.09 crore
• FY 2022-23: ₹249.89 crore

Shareholding Structure and Impact

Following the CCPS subscription, AK Capital Services will hold 95.12% of the total paid-up equity share capital and 70.18% of the paid-up preference share capital of AKCFL. Upon conversion of the CCPS into equity shares according to the terms, the company's total holding will be 92.17% of the paid-up equity share capital.

Business Rationale and Objectives

The capital infusion aims to meet AKCFL's general business requirements and support expansion of business operations. The investment will strengthen the subsidiary's liquidity position and facilitate growth in its investment and lending activities. AKCFL operates under a hybrid business model generating revenue through interest income from loan book, fees income, and treasury income from investment activities.

Regulatory Compliance

The transaction has been structured as a related party transaction conducted on an arm's length basis, supported by an independent valuation report from a registered valuer. The company has fulfilled disclosure requirements under Regulation 30 of SEBI LODR Regulations and completed fund transfer on March 27, 2026, with CCPS allotment credited to the company's demat account within prescribed timelines.