
Dividend25 Aug 2026, 07:51 pm
AK Capital Services Declares Interim Dividend of ₹12/Share
AI Summary
AK Capital Services Ltd announced an interim dividend of ₹12 per equity share for FY 2026-27. The dividend will be paid by September 10, 2026, to shareholders of record as of September 1, 2026. Tax Deduction at Source (TDS) will apply as per the Income Tax Act, 2025. Resident shareholders will face a 10% TDS, with higher rates for invalid PANs. Specific exemptions and lower rates apply to mutual funds, insurance companies, and those providing valid tax exemption certificates. Shareholders are urged to update their bank details for electronic credit.
Key Highlights
- Interim dividend of ₹12 per share declared for FY 2026-27.
- Record date set for September 1, 2026; payment by September 10, 2026.
- TDS applicable at 10% for residents, with provisions for lower/nil rates.
- Shareholders must update bank details for electronic dividend payout.
- Communication regarding TDS on dividend sent to registered shareholders.
Price Impact
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