AK Capital Services has informed that the board of directors of the company at its meeting held on August 25, 2012, have recommended the final dividend of 60% i.e. Rs. 6 per equity share (face value of Rs.10 per equity share) for the financial year 2011-12.
Further, it approved raising of funds, subject to approval of members in the 19th Annual General Meeting and other regulatory approvals, through Qualified Institutional Placements.
The above information is a part of company's filings submitted to BSE.