AK Capital Services Ltd — Important, 15-04-2026: Company Update
15-04-2026 | 08:41 pm
15-04-2026 | 08:41 pm
A. K. Capital Services Limited's Banking and Investment Committee has approved the issuance and allotment of 280 Commercial Papers (CPs). Each CP has a face value of INR 5,00,000, totaling INR 14 Cr. These CPs were issued at a discount rate of 9.15% per annum, with an issue price of INR 4,61,904.50 per CP, and will be redeemed on March 05, 2027. The issuance, which has a credit rating of CARE A1+, is a short-term debt activity to raise funds for the company's operations.
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