Committee approves issuance of Commercial Papers; 500 units of INR 5,00,000 each proposed for listing
Committee of A. K. Capital Services Ltd approved issuance of Commercial Papers on October 14, 2026.
By ScoutQuest · · 1 min read
- Units
- 500 units
- Face Value per Unit
- INR 5,00,000 each
- Aggregate Value
- INR 25 crore (Rupees Twenty-Five Crores)
What was approved
The Banking and Investment Committee of the company, on Wednesday, October 14, 2026, approved the issuance of Commercial Papers.
- 500 units of Commercial Papers are proposed to be listed on BSE Limited
- Face value of each unit: INR 5,00,000/-
- Aggregate value: INR 25 crore (Indian Rupees Twenty-Five Crores only)
- Proposed date of issue and allotment: October 15, 2026
- Maturity date: February 18, 2027
What a Commercial Paper is
A Commercial Paper is a short-term debt instrument that a company issues to raise money, usually for a period of up to one year. The company borrows the money now and repays it on the maturity date.
How to read this
- The Commercial Papers are proposed to be listed on BSE Limited.
- The intimation sets out the number of units, the face value of each unit, the aggregate value, and the issue, allotment and maturity dates of the proposed issuance.
- The Commercial Papers are proposed to be issued and allotted on October 15, 2026 and mature on February 18, 2027.
Why it matters to a retail investor
Money raised this way is a borrowing by the company. The size disclosed here is INR 25 crore, which is the amount the company proposes to raise through these 500 units of Commercial Papers, each of a face value of INR 5,00,000/-.
Also from AK Capital Services
Letters sent on 1st interim dividend credit and payouts that could not be processed
23 Oct 2026
Banking and Investment Committee approves issuance of 100 Commercial Papers aggregating INR 5 crore
23 Oct 2026
Certificate confirming timely payment of Commercial Paper maturity amount of INR 5,00,00,000
15 Oct 2026
More numbers
- Number of Commercial Paper units proposed to be listed500 units
- Face value per Commercial Paper unitINR 5,00,000/-
- Aggregate value of Commercial PapersINR 25,00,00,000/-
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.