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A K CAPITAL SERVICES LTD Dividend 2024 Record Date, Share Price, History

Post Last Updates by Ankit: Wednesday, February 21, 2024 @ 1:07 PM

A K CAPITAL SERVICES LTD Dividend 2024 Record Date, Share Price, History

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News: A.K. Capital Services Ltd, a prominent financial services company, has recently announced its dividend for the year 2024. In this article, we’ll delve into the details of the dividend, the record date, the company’s share price, and a brief history.

Dividend Announcement

On February 9, 2024, the Board of Directors of A.K. Capital Services Ltd declared a dividend of Rs 8.0 per share. This dividend is a way for the company to share its profits with its shareholders. But what does this mean for investors? Let’s break it down.

Understanding Dividends

What is a Dividend?

1. A dividend is a portion of a company’s profits that is distributed to its shareholders.

2. It’s like a bonus for being a part-owner of the company.

How Does It Work?

1. If you own shares in A.K. Capital Services Ltd, you’ll receive Rs 8.0 for each share you hold.

2. So, if you have 100 shares, you’ll get Rs 800 as a dividend.

Record Date

1. The record date is crucial. It’s the date on which the company checks its records to see who the shareholders are.

2. For this dividend, the record date is February 22, 2024.

3. If you own shares on or before this date, you’re eligible to receive the dividend.

Share Price and History

1. A.K. Capital Services Ltd’s share price reflects its value in the stock market.

2. The company has a history of providing financial services to its clients.

3. Investors track the share price to make informed decisions about buying or selling shares.

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About A K CAPITAL SERVICES LTD :

A.K. Capital Services Ltd (AKCSL) is a notable financial services company headquartered in Mumbai, India. Let’s explore some key details about this company:

Business Overview:

AKCSL provides a range of financial services, including:

  • Private Placements of Debt: Arranging fixed income securities like Non-Convertible Debentures (NCDs) and Commercial Paper for various public and private sector entities.
  • Initial Public Offering (IPO) Management: Assisting companies in going public by managing the IPO process.
  • Debt Trading: Facilitating trading in debt instruments.
  • Project Finance: Supporting infrastructure and development projects through financial solutions.
  • Investment Advisory: Offering expert advice to investors.
  • Loan Syndication: Assisting in raising funds through syndicated loans.
  • The company has offices across India, serving clients with its financial expertise.

Corporate Details:

  • Name: A.K. Capital Services Ltd
  • Incorporation Date: October 5, 1993
  • Classification: Public Limited Company
  • Authorized Share Capital: ₹135.00 crore
  • Paid-up Capital: ₹6.60 crore.

Registered Office:

Address: 603, 6th Floor, Windsor, off CST Road, Kalina, Santacruz (East), Mumbai – 400 098.

A.K. Capital Services Ltd’s dividend announcement is good news for its shareholders. If you’re an investor, mark your calendar for the record date and keep an eye on the company’s share price.

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