Company Disclosure: Commercial Paper Allotment
Transaction Details
The Banking and Investment Committee of A. K. Capital Services Limited approved the allotment of Commercial Papers on Thursday, October 15, 2026.
Commercial Paper Specifications
- Instrument: Commercial Paper
- Number of Units: 500
- Face Value per CP: ₹5,00,000
- Total Issue Size: ₹25,00,00,000 (Twenty Five Crores)
- Listing Venue: BSE Limited
- Issue Date: October 15, 2026
- Allotment Date: October 15, 2026
- Redemption Date: February 18, 2027
- Discount Rate: 9.00% per annum
- Issue Price per CP: ₹4,84,934
- Redemption Value: ₹25,00,00,000
- Issuing and Paying Agent: The Federal Bank Limited
- Credit Rating: CARE A1+
Financial Impact
The commercial paper issuance represents a fundraising activity of ₹25 crores through short-term debt instruments. The specific financial impact on the company's balance sheet or cash flows is not quantified beyond the disclosed transaction details.