Notice of 32nd Annual General Meeting of the Members of A. K. Capital Services Limited is scheduled to be held on Saturday, September 13, 2025 at 10.00 A.M. (IST) through two-way Video ....
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A. K. Capital Services Limited has called its 32nd Annual General Meeting on Saturday, September 13, 2025, at 10:00 AM via video conferencing (VC/OAVM). Ordinary business includes adoption of FY25 audited financial statements, confirmation of two interim dividends of INR 12 per share each, declaration of a final dividend of INR 14 per share (total FY25 dividend of INR 38 per share on INR 10 face value, i.e., 380%), and re-appointment of Mr. Vikas Jain as director. Special business includes appointment of M/s. Ragini Chokshi & Co. as Secretarial Auditors for five years (FY26–FY30), approval of material related party transactions worth up to INR 5,500 Crores with A. K. Capital Finance Limited, INR 2,000 Crores with A. K. Services Private Limited, and INR 100 Crores with Family Home Finance Private Limited, re-appointment of Mr. Rajiv Bakshi as Independent Director for a second five-year term (Aug 2026 to Aug 2031), an increase in borrowing limits to INR 3,000 Crores, permission to create charges on assets, issuance of Commercial Papers up to INR 250 Crores, and issuance of Non-Convertible Redeemable Preference Shares (NCRPS) up to INR 100 Crores.
Shareholders will vote on a hefty total dividend of INR 38 per share and on multiple proposals that significantly expand the company's borrowing and related-party transaction limits. The large RPT limits with group entities (totaling over INR 7,600 Crores) and the higher borrowing cap of INR 3,000 Crores signal aggressive business growth plans, which could support earnings but also raise governance concerns for minority shareholders.