AK Capital Services Declares INR 22 Second Interim Dividend for FY26 with Record Date February 24, 2026

AK Capital Services Limited has announced its second interim dividend for the financial year 2025-26, providing shareholders with detailed information about tax implications and payment procedures. The company's Board of Directors declared the dividend on February 7, 2026, with specific guidelines for different categories of shareholders. Dividend Declaration Details The Board of Directors declared an interim dividend at their meeting held on February 7, 2026. Key details of the dividend announcement include: Parameter: Details Dividend Amount: INR 22 per equity share Face Value: INR 10 per share Record Date: February 24, 2026 Payment Deadline: March 6, 2026 Payment Mode: Electronic transfer only The dividend will be payable to shareholders whose names appear in the records of the depositories as beneficial owners at the close of business hours on the record date. Payment will be completed within 30 days from the declaration date through various online modes to shareholders who have updated their bank account details. Electronic Payment Requirements As per SEBI LODR Regulations, all listed companies must pay dividends exclusively through electronic means, eliminating physical warrants or cheques. Shareholders must ensure their bank account details are updated: Demat shares: Update details with Depository Participant Physical shares: Update with MUFG Intime India Private Limited along with PAN, mobile number, email ID, bank details, specimen signature, and nomination Tax Deduction Guidelines for Resident Shareholders The company has outlined comprehensive TDS rates based on shareholder categories and documentation: Category: TDS Rate Requirements Valid PAN holders: 10% Updated PAN with DP/RTA No/Invalid PAN: 20% N.A. Lower TDS certificate: As per certificate Copy of PAN and certificate Individual (dividend ≤ INR 10,000): Nil N.A. Nil TDS Categories Several categories of resident shareholders can avail nil TDS by submitting appropriate documentation: Resident individuals submitting valid Form 15G (below 60 years) or Form 15H (60 years and above) Entities exempt under Section 194 (LIC, GIC, Business Trusts) Government entities, RBI, Mutual Funds under Section 196 Category I and II Alternative Investment Funds Non-Resident Shareholder Provisions Non-resident shareholders face different TDS rates based on their status: Shareholder Type: TDS Rate Documentation Required General NRI/FII/FPI: 20% or treaty rate PAN, Tax Residency Certificate, Form 10F AIF Category III (IFSC): 10% PAN, Self-declaration Sovereign Wealth/Pension Funds: Nil Government notification, Self-declaration Compliance and Documentation Shareholders must submit required documents to investortaxdeclarations@akgroup.co.in by February 24, 2026, before 6:00 PM IST. The company reserves the right to reject incomplete or discrepant documents. Shareholders are responsible for any tax demands arising from misrepresentation and must indemnify the company accordingly. All TDS deducted will reflect in shareholders' Form 26AS, downloadable from the e-filing portal. The company will not refund excess TDS deducted due to missing documentation, with shareholders required to claim refunds through income tax returns. Source: Harmony Capital Services Limited has released its standalone unaudited financial results for the quarter and nine months ended December 31, 2025, showing a significant reduction in losses compared to the previous year. The Board of Directors approved these results at their meeting held on February 12, 2026. Financial Performance Overview The company's financial performance for Q3 FY26 demonstrates notable improvement in loss reduction across all reported periods: Period Q3 FY26 Q3 FY25 Change Net Loss (Rs. lakh) (2.05) (14.27) 85.6% improvement Total Expenses (Rs. lakh) 2.05 14.27 85.6% reduction Other Expenses (Rs. lakh) 2.05 14.27 85.6% reduction Nine-Month Performance Analysis For the nine months ended December 31, 2025, Harmony Capital Services showed substantial improvement in its financial position: Metric 9M FY26 9M FY25 Improvement Net Loss (Rs. lakh) (4.79) (41.15) 88.4% Total Expenses (Rs. lakh) 4.79 41.15 88.4% reduction Operational Structure The company continues to operate without generating revenue from operations during the reported periods. All expenses are categorized under "other expenses," which decreased significantly from Rs. 14.27 lakh in Q3 FY25 to Rs. 2.05 lakh in Q3 FY26. The company reported no employee benefits expense, finance costs, or depreciation and amortization expenses during the quarter. Earnings Per Share and Capital Structure The company's earnings per share improved across all reported periods: Parameter Details Paid-up Equity Share Capital Rs. 300.09 lakh Face Value per Share Rs. 10 Basic EPS - Q3 FY26 Rs. (0.07) Basic EPS - Q3 FY25 Rs. (0.48) Basic EPS - 9M FY26 Rs. (0.16) Basic EPS - 9M FY25 Rs. (1.37) Regulatory Compliance The financial results were reviewed by the company's Audit Committee and received a clean limited review report from statutory auditors Kapish Jain & Associates, Chartered Accountants. The auditors confirmed no qualifications in their review report for the quarter and nine months ended December 31, 2025. The results comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and have been prepared in accordance with Indian Accounting Standards. 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