A. K. Capital shares up by 9 percent
By SiliconIndia | Friday, October 29, 2010
A. K. Capital Services Limited is engaged in providing merchant banking services. The Company is engaged in providing various fee-based services, such as fund mobilization through issue of debt, equity, structured hybrid instruments and loan syndication for over 200 clients, including country's central and state government undertakings, private and nationalized banks, financial institutions and private sector corporate. The Company is a merchant banker in the Indian fixed income market through management of private placements, as well as public issues.
It has announced that a meeting of the Board of Directors of the Company will be held on November 01, 2010, inter alia, to consider and approve the un-audited financial results for the second quarter ended September 30, 2010.
The Board will consider enhancement of investment / inter corporate loan limits to 500 crore in subsidiary Company(s) / associate Company(s) subject to approval of shareholders through postal ballot.
The Board will also consider and approve delisting of equity shares or the Company from Delhi Stock Exchange Association Limited (DSE).
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