AK Capital Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 10, 2011, inter alia, have considered and transacted the following business:1. Recommended the final dividend of 30% i.e. Rs. 3 per equity share (face value of Rs. 10 per equity share) for the financial year 2010-11. The total dividend including interim dividend for the financial year 2010-11 is 60% i.e. Rs. 6 per equity share (face value of Rs. 10 per equity share).2. Approved raising of funds (subject to approval of members in the 18th Annual General Meeting and other regulatory approvals) through Qualified Institutional Placements.3. Approved enhancement of limit of investments, loans, guarantees and/or securities to be made to, or on behalf of subsidiary Company(s)/Associate Company(s) (subject to approval of members in the 18th Annual General Meeting and other regulatory approvals) upto an extent of Rs. 750 crore.Source : BSE
