AK Capital Services has received an approval of setting up wholly owned subsidiaries (WOS) abroad with an investment limit not exceeding the amount of Rs 25 crore. The board at its meeting held on August 11, 2012 has approved for the same.
AK Capital Services is the flagship company of AK Group. The company is India’s leading SEBI registered Category - I Merchant Banker engaged in providing various fee-based services such as fund mobilisation through issue of debt, equity, and structured hybrid instruments and through loan syndication etc for various central and state government undertakings, private and nationalized banks, financial institutions and private sector corporates.