A. K. Capital Services Ltd. Allots Commercial Papers Worth INR 50 Million
A. K. Capital Services Limited announced the allotment of 100 commercial papers (CPs) by its Banking and Investment Committee on Wednesday, March 25, 2026. The total value of the CPs issued is INR 50,00,00,000 (Indian Rupees Five Crores).The details of the commercial paper issuance are as follows:
| Description of the Instrument | Details |
|---|---|
| Listing Exchange | BSE Limited |
| Issue Date | March 24, 2026 |
| Allotment Date | March 25, 2026 |
| Redemption Date | October 15, 2026 |
| Discount Rate (Annualized) | 9.00% |
| Face Value per CP (INR) | 5,00,000/- |
| Issue Price per CP (INR) | 4,76,054/- |
| ISIN | INE701G14379 |
| Redemption Value (INR) | 5,00,00,000/- |
| Issuing and Paying Agent (IPA) | The Federal Bank Limited |
| Credit Rating | CARE A1+ |
The commercial papers are listed on the BSE Limited and will mature on October 15, 2026.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Last edited by a moderator: