A.K. Capital Services Limited Fulfils Commercial Paper Payment Obligations Worth ₹10 Crore

1 min read     Updated on 06 Mar 2026, 05:49 PM
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Reviewed by
Naman SScanX News Team
Overview

A.K. Capital Services Limited has successfully fulfilled its commercial paper payment obligations worth ₹10,00,00,000 on March 6, 2026. The company made the payment on the maturity date itself, demonstrating timely compliance with debt obligations. The formal certificate was submitted to BSE Limited in accordance with SEBI Master Circular requirements, confirming regulatory compliance for commercial paper instruments.

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*this image is generated using AI for illustrative purposes only.

A.K. Capital Services Limited has successfully completed the payment of its commercial paper obligations, confirming timely settlement of debt instruments worth ₹10,00,00,000. The company submitted a formal certificate to BSE Limited on March 6, 2026, documenting compliance with SEBI regulatory requirements.

Commercial Paper Settlement Details

The company fulfilled its payment obligations for commercial paper that reached maturity on March 6, 2026. The settlement demonstrates A.K. Capital Services Limited's commitment to meeting its debt obligations within prescribed timelines.

Parameter: Details
Scrip Code: 729270
ISIN: INE701G14262
Maturity Amount: ₹10,00,00,000
Maturity Date: March 6, 2026
Payment Date: March 6, 2026

Regulatory Compliance

The certification was submitted pursuant to SEBI Master Circular SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025. This regulatory framework requires companies to formally confirm the fulfillment of commercial paper payment obligations to maintain transparency in debt markets.

Corporate Governance

The certificate was signed by Chaitali Desai, Company Secretary and Compliance Officer (ACS No.: A28280), reflecting the company's adherence to corporate governance standards. The document was digitally signed and submitted from the company's Mumbai office, ensuring proper authentication and regulatory compliance.

The timely payment of commercial paper obligations reinforces A.K. Capital Services Limited's financial discipline and commitment to honoring its debt commitments as per scheduled maturity dates.

Historical Stock Returns for AK Capital Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.27%-0.05%+1.34%+41.78%+49.73%+299.56%

AK Capital Services Declares INR 22 Second Interim Dividend for FY26 with Record Date February 24, 2026

2 min read     Updated on 17 Feb 2026, 12:29 AM
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Reviewed by
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Overview

AK Capital Services Limited declared a second interim dividend of INR 22 per equity share for FY26, with record date February 24, 2026, and payment by March 6, 2026. The company issued detailed TDS guidelines with rates ranging from nil to 20% based on shareholder categories and documentation. All payments will be made electronically as per SEBI regulations, requiring updated bank details from shareholders.

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*this image is generated using AI for illustrative purposes only.

AK Capital Services Limited has announced its second interim dividend for the financial year 2025-26, providing shareholders with detailed information about tax implications and payment procedures. The company's Board of Directors declared the dividend on February 7, 2026, with specific guidelines for different categories of shareholders.

Dividend Declaration Details

The Board of Directors declared an interim dividend at their meeting held on February 7, 2026. Key details of the dividend announcement include:

Parameter: Details
Dividend Amount: INR 22 per equity share
Face Value: INR 10 per share
Record Date: February 24, 2026
Payment Deadline: March 6, 2026
Payment Mode: Electronic transfer only

The dividend will be payable to shareholders whose names appear in the records of the depositories as beneficial owners at the close of business hours on the record date. Payment will be completed within 30 days from the declaration date through various online modes to shareholders who have updated their bank account details.

Electronic Payment Requirements

As per SEBI LODR Regulations, all listed companies must pay dividends exclusively through electronic means, eliminating physical warrants or cheques. Shareholders must ensure their bank account details are updated:

  • Demat shares: Update details with Depository Participant
  • Physical shares: Update with MUFG Intime India Private Limited along with PAN, mobile number, email ID, bank details, specimen signature, and nomination

Tax Deduction Guidelines for Resident Shareholders

The company has outlined comprehensive TDS rates based on shareholder categories and documentation:

Category: TDS Rate Requirements
Valid PAN holders: 10% Updated PAN with DP/RTA
No/Invalid PAN: 20% N.A.
Lower TDS certificate: As per certificate Copy of PAN and certificate
Individual (dividend ≤ INR 10,000): Nil N.A.

Nil TDS Categories

Several categories of resident shareholders can avail nil TDS by submitting appropriate documentation:

  • Resident individuals submitting valid Form 15G (below 60 years) or Form 15H (60 years and above)
  • Entities exempt under Section 194 (LIC, GIC, Business Trusts)
  • Government entities, RBI, Mutual Funds under Section 196
  • Category I and II Alternative Investment Funds

Non-Resident Shareholder Provisions

Non-resident shareholders face different TDS rates based on their status:

Shareholder Type: TDS Rate Documentation Required
General NRI/FII/FPI: 20% or treaty rate PAN, Tax Residency Certificate, Form 10F
AIF Category III (IFSC): 10% PAN, Self-declaration
Sovereign Wealth/Pension Funds: Nil Government notification, Self-declaration

Compliance and Documentation

Shareholders must submit required documents to investortaxdeclarations@akgroup.co.in by February 24, 2026, before 6:00 PM IST. The company reserves the right to reject incomplete or discrepant documents. Shareholders are responsible for any tax demands arising from misrepresentation and must indemnify the company accordingly.

All TDS deducted will reflect in shareholders' Form 26AS, downloadable from the e-filing portal. The company will not refund excess TDS deducted due to missing documentation, with shareholders required to claim refunds through income tax returns.

Source:

Historical Stock Returns for AK Capital Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.27%-0.05%+1.34%+41.78%+49.73%+299.56%

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1 Year Returns:+49.73%