Key Quantitative Figures
- Number of CP units allotted: 400 units
- Face value per CP: ₹5,00,000
- Total issue size: ₹20,00,00,000 (Twenty Crores)
- Discount rate: 8.90% per annum
- Issue price per CP: ₹4,81,904
- Redemption value: ₹20,00,00,000
Dates of Action
- Date of issue: September 23, 2026
- Date of allotment: September 23, 2026
- Date of redemption: February 24, 2027
- Committee approval date: September 23, 2026
Parties Involved
- Issuer: A. K. Capital Services Limited
- Issuing and Paying Agent (IPA): The Federal Bank Limited
- Credit Rating Agency: CARE (rating: CARE A1+)
- Listing exchange: BSE Limited
Instrument Details
- Instrument type: Commercial Paper
- Listing venue: BSE Limited
Approval Authority
The Banking and Investment Committee of A. K. Capital Services Limited approved the allotment.