Summary of proceedings of 32nd Annual General Meeting of the Company held on Saturday, September 13, 2025.
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The 32nd AGM of A. K. Capital Services Limited was held on September 13, 2025, through video conferencing, with 49 members in attendance. Shareholders approved the audited standalone and consolidated financial statements for FY24-25, along with a Final Dividend of Rs 14 per equity share, on top of two Interim Dividends of Rs 12 each already declared during the year (total Rs 38 per share for FY25 on Rs 10 face value). Special business items approved include raising the company's borrowing limit to Rs 3,000 crore, issuing Commercial Paper up to Rs 250 crore, and issuing Non-Convertible Redeemable Preference Shares up to Rs 100 crore. Material related party transactions with A. K. Capital Finance Limited, A. K. Services Private Limited, and Family Home Finance Private Limited were also cleared by members. Mr. Rajiv Bakshi was re-appointed as Independent Director for a second 5-year term from August 5, 2026 to August 4, 2031, and M/s. Ragini Chokshi & Co. was appointed as Secretarial Auditor.
The Rs 38 per share total dividend for FY25 represents a strong payout for shareholders. The sharp jump in borrowing limit to Rs 3,000 crore, along with approvals for issuing commercial paper and preference shares, signals that the company is preparing to raise significant additional funding, likely to support expansion or lending activities across its group entities. Retail investors should watch for the voting results and any subsequent fund-raising announcements.