A.K. Capital Services Limited has received a formal request from a member of its Promoter Group to reclassify his shareholding status, according to a regulatory filing dated December 23, 2025.

Reclassification Request Details

Mr. Abhinav Kumar Mittal, currently categorized under the 'Promoter Group', has submitted a formal request dated December 23, 2025, to the company seeking reclassification of his status from 'Promoter Group' to 'Public' category. This request falls under Regulation 31A of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Current Shareholding Status

The following table shows Mr. Mittal's current shareholding position:

Regulatory Compliance and Next Steps

In response to this request, A.K. Capital Services has outlined the following course of action:

The intimation of this request was made by A.K. Capital Services in adherence to Regulation 31A(8)(a) of the SEBI Listing Regulations. The company's Company Secretary and Compliance Officer, Mr. Subodh More, confirmed this development in the regulatory filing submitted to BSE Limited.

Market Implications

This move highlights the dynamic nature of shareholding structures in listed companies and the regulatory framework that governs such changes. The reclassification request, while involving zero shareholding, demonstrates the company's commitment to maintaining proper regulatory compliance and transparency in corporate governance matters.

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.