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AK Capital Services LtdImportant, 17-10-2025: Company Update

17-10-2025 | 06:26 pm

A. K. Capital Services Limited, its material subsidiary A. K. Capital Finance Limited, and wholly-owned subsidiary A. K. Stockmart Private Limited, have settled with the Securities and Exchange Board of India (SEBI). This resolves an investigation into alleged unfair trade practices by the AK Capital Group regarding Dewan Housing Finance Limited's non-convertible debenture issue. The group allegedly facilitated guaranteed profits for 911 applicants, gaining 26.05 lakh. Under the settlement, SEBI will not initiate enforcement action. The AK Capital Group has remitted settlement terms totaling approximately 5.61 Cr. The company confirms no expected material impact on its financial, operational, or business activities from this order.

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