Accel Limited has announced the cessation of Mr. S.V. Rao as Whole-Time Director upon completion of his tenure on April 26, 2026. The company informed BSE Limited about this scheduled directorship change through a regulatory filing under SEBI Listing Regulations.

Director Tenure Details

Mr. Sunkari Venkateswara Rao, holding DIN 06600739, was appointed as Whole-Time Director for a three-year term through a postal ballot process. The company members approved his appointment with results declared on May 31, 2023, for the period commencing April 27, 2023, to April 26, 2026.

Regulatory Compliance

The cessation occurs due to the natural expiry of Mr. Rao's directorship tenure rather than resignation, removal, or other circumstances. Accel Limited has fulfilled its disclosure obligations under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The company filed the notification on April 26, 2026, providing comprehensive details as required under Schedule III of the SEBI Listing Regulations. Company Secretary Vishnu S signed the regulatory communication, ensuring compliance with the SEBI Circular dated July 13, 2023.

Cessation Process

Mr. S.V. Rao ceases to hold the position of Whole-Time Director with effect from the close of business hours on April 26, 2026. The cessation represents the completion of his approved three-year tenure without any premature termination or extension.

The company has maintained transparency by providing timely disclosure to BSE Limited, ensuring shareholders and market participants remain informed about this board composition change. This scheduled cessation allows Accel Limited to plan for any subsequent directorship appointments or board restructuring as deemed appropriate by the company's governance framework.

Accel Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March 2026. The regulatory filing was made to BSE Limited on 06th April 2026, demonstrating the company's adherence to mandatory compliance requirements.

Regulatory Compliance Details

The certificate pertains to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates companies to submit quarterly confirmations regarding their compliance with dematerialisation processes and related requirements.

Certificate Issuer and Confirmation

The compliance certificate was issued by Integrated Registry Management Services Private Ltd, which serves as Accel Limited's Registrar and Transfer Agent. The certificate, dated 03rd April 2026, provides comprehensive confirmation of regulatory adherence during the specified quarter.

The Registrar and Transfer Agent confirmed that securities received from Depository Participants for dematerialisation during the quarter ended 31st March 2026 were properly processed. All securities were confirmed to the depositories and every stock exchange where the securities are listed within the required timeframes.

Key Compliance Confirmations

The certificate validates several critical compliance aspects through detailed documentation:

The comprehensive confirmation ensures that all security certificates received for dematerialisation were mutilated and cancelled after due verification by the depository participant. Additionally, the names of depositories were substituted in the register of members as registered owners within the prescribed time limits.

Corporate Governance Structure

Vishnu Sivanandan, serving as Company Secretary and Compliance Officer, handled the regulatory submission to BSE Limited. The filing was digitally signed on 06th April 2026 at 12:12:21 +05'30' and submitted in accordance with current regulatory protocols. S Yuvaraj from Integrated Registry Management Services Private Limited served as the authorised signatory for the compliance certificate issued on 03rd April 2026.

This quarterly submission reflects Accel Limited's commitment to maintaining regulatory compliance and transparency in its depository and participant-related operations as mandated by SEBI regulations.