Loan & Debt14 Oct 2026, 06:20 pm
AK Capital Services Approves ₹25 Cr Commercial Paper Issuance
AI Summary
AK Capital Services Limited announced that its Banking and Investment Committee has approved the issuance of Commercial Papers worth ₹25 Crores. The issuance will consist of 500 units, each with a face value of ₹5,00,000, and is scheduled for issuance and allotment on October 15, 2026. These Commercial Papers will mature on February 18, 2027, and are proposed to be listed on BSE Limited. This move indicates the company's strategy to raise short-term funds through debt instruments.
Key Highlights
- Approved issuance of Commercial Papers worth ₹25 Crores.
- Issuance comprises 500 units with a face value of ₹5,00,000 each.
- Commercial Papers to be issued on October 15, 2026.
- Maturity date set for February 18, 2027.
- Proposed listing on BSE Limited.
Price Impact
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