Accel Limited has announced that its board of directors will meet on Wednesday, May 27, 2026. The primary agenda of the meeting is to consider and take on record the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026.

The meeting will be held pursuant to Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. Along with the financial results, the board will discuss other matters as part of the scheduled proceedings.

In a separate disclosure regarding market regulations, the company stated that the trading window has been closed for all designated and connected persons. This closure came into effect from the end of the quarter and year ended March 31, 2026, specifically starting April 1, 2026. The window will remain closed until June 1, 2026, in line with the company's Code of Conduct to Regulate, Monitor and Reporting Trading by Insiders.

The intimation was signed by Vishnu Sivanandan, Company Secretary and Compliance Officer of Accel Limited. The notice was dispatched to the stock exchanges on May 22, 2026.

Key Meeting Details

Accel Limited's Share Allotment Committee, at its meeting held on May 4, 2026, approved the allotment of equity shares pursuant to the Scheme of Amalgamation of Accel Media Ventures Limited with and into Accel Limited. The scheme was sanctioned by the Hon'ble National Company Law Tribunal, Division Bench – II, Chennai, vide its Order dated March 10, 2026 in case numbers CP/CAA/60/(CHE)/2025 and CP/CAA/58/(CHE)/2025.

Share Allotment Details

The committee approved the allotment of 6,06,250 fully paid-up equity shares of face value ₹2/- each to eligible shareholders of Accel Media Ventures Limited who held shares as on the record date of May 1, 2026. The allotment was made in the ratio of 1 fully paid-up equity share of Accel Limited for every 2 fully paid-up equity shares held in Accel Media Ventures Limited.

Updated Capital Structure

Following the share allotment, the paid-up equity share capital of Accel Limited stands increased to ₹11,63,57,302/- divided into 5,81,78,651 fully paid-up equity shares having a face value of ₹2/- each. The newly allotted equity shares shall rank pari passu with the existing equity shares of the company and are proposed to be listed and traded on BSE Limited.

Regulatory Compliance

The disclosure has been made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The merger scheme ensures regulatory compliance for the corporate restructuring between the transferor and transferee companies.