AK Capital Services Allots ₹20 Cr Commercial Papers

AK Capital Services Ltd announced the allotment of 400 Commercial Papers (CPs) with a face value of ₹5,00,000 each, totaling ₹20,00,00,000 (₹20 Crores). The allotment was approved by the Banking and Investment Committee on September 23, 2026. These CPs are proposed to be listed on BSE Limited, with an issue date of September 23, 2026, and a redemption date of February 24, 2027. The discount rate is 8.90% per annum, and the issue price per CP is ₹4,81,904. The instrument has received a credit rating of CARE A1+ from CARE Ratings. The issuance is in compliance with SEBI regulations and applicable laws.