StockWatch
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Non Banking Financial Company (NBFC)
Loan & Debt23 Oct 2026, 06:50 pm

AK Capital Services Approves ₹5 Cr Commercial Paper Issuance

AI Summary

AK Capital Services Limited's Banking and Investment Committee has approved the issuance of 100 units of Commercial Papers, each with a face value of INR 5,00,000/-, aggregating to INR 5,00,00,000/- (₹5 Crore). The issuance is proposed for allotment on October 26, 2026, with a maturity date of February 23, 2027. These Commercial Papers are intended to be listed on BSE Limited. This move indicates the company's strategy to raise short-term debt financing.

Key Highlights

  • Approved issuance of Commercial Papers worth ₹5 Crore.
  • Commercial Papers to be listed on BSE Limited.
  • Maturity date set for February 23, 2027.
  • Utilizes short-term debt financing instrument.