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A. K. Capital Services Limited issued Rs 14 Crores in commercial paper, as regulatory filings show
12-Aug-2026, 10:24
A. K. Capital Services Limited issued Rs 14 Crores in commercial paper on April 10, 2026, utilizing the proceeds as initially intended, according to regulatory filings released this week. Simultaneously, the company’s board approved a request from A. K. Capital Markets Limited (AKCML) to reclassify from “Promoter Group” to “Public,” a move reflecting AKCML’s lack of shareholding, voting rights, or control over the company. The board authorized specific individuals to execute the necessary filings with the BSE Limited and SEBI, and the reclassification is expected to increase the company’s public float and enhance transparency for investors, while demonstrating adherence to SEBI and Companies Act regulations.
A. K. Capital Services Limited issued Rs 14 Crores in commercial paper on April 10, 2026, utilizing the proceeds as initially intended, according to regulatory filings released this week. Simultaneously, the company’s board approved a request from A. K. Capital Markets Limited (AKCML) to reclassify from “Promoter Group” to “Public,” a move reflecting AKCML’s lack of shareholding, voting rights, or control over the company. The board authorized specific individuals to execute the necessary filings with the BSE Limited and SEBI, and the reclassification is expected to increase the company’s public float and enhance transparency for investors, while demonstrating adherence to SEBI and Companies Act regulations.