Intimation of re-designation of Mr. Vikas Jain (DIN: 07887754) from Whole-time Director (Executive) to Non-Executive Director w.e.f. May 23, 2025.
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A.K. Capital Services' board met on May 23, 2025 and approved audited standalone and consolidated financial results for Q4 and FY25, with statutory auditor PYS & Co LLP issuing an unmodified (clean) opinion. Standalone profit for FY25 rose modestly to Rs. 3,285.21 lakhs from Rs. 3,179.89 lakhs a year earlier, while total revenue dipped slightly to Rs. 12,419.87 lakhs; EPS stood at Rs. 49.78 (FY24: Rs. 48.18). The board recommended a final dividend of Rs. 14 per share (140%) on a Rs. 10 face value, which will result in a total cash outflow of Rs. 924 lakhs, with August 22, 2025 set as the record date. Mr. Vikas Jain (DIN: 07887754) was re-designated from Whole-time (Executive) Director to Non-Executive Director, and M/s. Ragini Chokshi & Co. was appointed as Secretarial Auditor for five years starting FY26. The board also approved a revised Insider Trading code and noted the issuance of Rs. 10 crore commercial papers listed on BSE on April 24, 2025.
The re-designation is an internal board reshuffle with no operational disruption and is shareholder-neutral. Steady profits, a clean audit, and a healthy 140% dividend are positive for shareholders, though the slight dip in total revenue may warrant a close look at the segment-wise breakdown.