AK Capital Services has issued a corrigendum to its postal ballot notice dated December 2, 2025, amending key details regarding preferential equity share allotment of ₹9.13 crores.

The corrigendum, issued on December 22, 2025, addresses several critical amendments to the preferential equity share allotment proposal. These include the relevant date determination, objects of the preferential issue, and detailed allottee information.

Key Amendments to Postal Ballot Notice

The corrigendum establishes December 2, 2025, as the relevant date for determining the issue price of equity shares. This date falls 30 days prior to the last date for remote e-voting scheduled for January 1, 2026. The company has clarified that wherever the term "Relevant Date" appears in the notice and explanatory statement, it shall be read as December 2, 2025.

Preferential Issue Details

The board of directors has been authorized to create, offer, issue and allot up to 91,26,000 equity shares in one or more tranches. The key financial parameters of the preferential issue are outlined below:

Objects of Preferential Allotment

The corrigendum specifies two primary objects for the preferential cash allotment:

• Business Expansion: For expansion and development of business operations, meeting working capital requirements, and other purposes incidental to business expansion
• Corporate Purposes: For general corporate purposes to support and strengthen existing and future business activities

Proposed Allottee Details

The corrigendum provides comprehensive details of proposed allottees, including both individual investors and corporate entities. Notable allottees include:

• Upendra Kumar Jha with 7,00,000 shares
• Daizam Aggarwal with 2,18,000 shares
• Pearl Fintrade LLP with 4,75,000 shares

The allottee list encompasses a mix of non-promoter and promoter category investors, with varying shareholding percentages post the preferential issue.

Regulatory Compliance

The preferential issue is being conducted in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the Companies Act, 2013. The corrigendum forms an integral part of the original postal ballot notice dated December 2, 2025, with all other terms and conditions remaining unchanged except for the specified amendments.

AK Capital Services has requested shareholders to note these amendments in conjunction with the original notice and explanatory statement, ensuring full compliance with regulatory requirements for the preferential allotment process.

AK Capital Services has announced that two of its promoters have withdrawn their applications for reclassification from the promoter category to the public category. This development comes as part of the ongoing process under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Announcement

• Mrs. Anshu Aggarwal, a promoter, and Mr. Abhinav Kumar Mittal, a member of the promoter group, have decided to withdraw their reclassification applications.
• Both individuals will continue to remain part of the promoter and promoter group of the company.
• The withdrawal requests were communicated to the company through letters dated November 17, 2023.

Reclassification Status

The company has provided an update on the reclassification applications:

Implications and Next Steps

• The reclassification applications of Mrs. Anshu Aggarwal and Mr. Abhinav Kumar Mittal will not be processed further.
• The company has requested that only Mr. Dinesh Kumar Gupta's application for reclassification, involving 7,500 shares (0.11% of the company), be considered and processed.
• This development maintains the current structure of the promoter and promoter group, with only a minor potential change pending.

The company has duly informed the stock exchange about this update in compliance with the relevant SEBI regulations. Investors and market participants are advised to take note of this corporate action, as it affects the ownership structure and classification of key stakeholders in AK Capital Services.