AKCAPITBSEAK Capital Services LtdHighPositive
Announced Fri, 23 May · 20:34 IST

Fixation of Book Closure for the purpose of ensuing Annual General Meeting

Corporate Actions View source PDF

AKCAPIT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

A. K. Capital Services Limited has fixed Friday, August 22, 2025 as the record date to identify shareholders eligible for the final dividend. The Board has proposed a final dividend of INR 14 per fully paid equity share (face value INR 10) for FY 2024-25, subject to shareholder approval at the upcoming Annual General Meeting. The register of members and share transfer books will remain closed from Saturday, August 23, 2025 to Saturday, August 30, 2025. The proposed dividend represents 140% of the face value, which is notably high.

Likely market impact

Investors who hold shares as of the record date (August 22, 2025) will be entitled to receive the proposed final dividend once approved at the AGM. The strong dividend payout signals healthy cash generation, though the actual yield depends on the prevailing market price.