ACAK Capital Services530499Dividend payment notice

Letters sent on 1st interim dividend credit and payouts that could not be processed

1st interim dividend for FY 2026-27: Rs. 12 per share (face value Rs. 10).

By ScoutQuest · Fri 23 Oct 2026, 7:07 PM IST · 2 min read

Dividend per share

Rs. 12/- per equity share of face value Rs. 10 each

Record date

Tuesday, September 01, 2026

Declaration date

Wednesday, August 12, 2026

What was declared

• The Board of Directors on Wednesday, August 12, 2026 declared a 1st interim dividend of Rs. 12/- per equity share of face value of Rs. 10 each for FY 2026-27.
• It was paid to shareholders whose names appeared in the records of the Depositories as beneficial owners at the close of business hours on Tuesday, September 01, 2026, the Record Date.

What the company has sent out

• Letters to shareholders whose 1st interim dividend was successfully processed, asking them to verify the credit in their bank account.
• Letters to shareholders whose dividend could not be processed or credited because of incorrect and/or incomplete bank account details or Non-KYC cases.
• Such shareholders have been advised to update bank details and KYC information, with the requisite documents, with the company's Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited, so the unpaid dividend can be released.

Reasons indicated in the letters

• One letter records the payment as processed in electronic mode but rejected, with the reason shown as ACCOUNT BLOCKED DORMANT.
• Another records the payment as withheld because bank details were not updated with the Depository Participant or the RTA and the requisite KYC formalities in respect of the folio remained incomplete.

Numbers shown in the letters

• Credited case: 1 equity share, dividend per share Rs. 12.00, gross dividend Rs. 12.00, tax deducted at 0.00% i.e. Rs. 0.00, net dividend paid Rs. 12.00, credited on 10/09/2026 by direct remittance.
• Withheld case: 100 equity shares, dividend per share INR 12/-, gross dividend Rs. 1200.00, tax deducted at source Rs. 240.00, net dividend Rs. 960.00.

What shareholders can do

• For shares in physical form: update PAN, KYC details and nomination by submitting Forms ISR-1, ISR-2, ISR-3, SH-13 and SH-14 with the RTA. Formats are available on the RTA website under Resources, Downloads, KYC.
• For shares in demat form: update the bank mandate with the Depository Participant and send a self-attested copy of the updated Client Master List (CML), certified by the DP, to the RTA at investor.helpdesk@in.mpms.mufg.com.
• Requests can also be registered and tracked on the SWAYAM portal.

Payment mode

• Dividend payment is permitted only through electronic mode; issuance of payable-at-par warrants or demand drafts has been discontinued.

What this means for investors

• The communication confirms the dividend payout process for the declared interim dividend and sets out the route for shareholders whose credit failed or was withheld to get the amount released.
• Shareholders who have not updated KYC and contact details with their DP are asked to do so for timely communication from the company.
• Tax deducted at source will be reflected in Form 26AS, and the company states it will file the TDS return electronically within the prescribed time limit.

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