Accel Limited Submits Q4FY26 Compliance Certificate Under SEBI Regulations

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.

Parameter:	Details
Regulation:	SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Quarter Period:	Ended 31st March 2026
Submission Date:	06th April 2026
Scrip Code:	517494
Filing Reference:	AL/CS/BSE/002/2026-27

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:

Compliance Area:	Status
Dematerialisation Processing:	Securities accepted/rejected within stipulated timeframes
Certificate Handling:	All certificates mutilated and cancelled after verification
Register Updates:	Depository names substituted in member register within time limits
Stock Exchange Listing:	Securities listed on all required exchanges

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.57%	+16.65%	+4.31%	-20.17%	-21.92%	-21.83%

Accele Limited has cleared all outstanding fines imposed by BSE Limited for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Board of Directors addressed the matter in their meeting held on March 31, 2026, following BSE's communication dated February 24, 2026, regarding pending regulatory dues.

Settlement of Outstanding Fines

The company has paid a total amount of Rs. 4,94,182 to settle all outstanding SOP fines. This amount comprises basic fines of Rs. 4,18,798 and applicable GST of Rs. 75,384 at 18%. The payment brings the company's outstanding balance with BSE to nil.

Component:	Amount (Rs.)
Basic Fine:	4,18,798
GST (18%):	75,384
Total Paid:	4,94,182

Details of Regulatory Non-Compliances

The fines were levied for various regulatory violations spanning from March 2015 onwards, covering multiple SEBI LODR regulations:

Regulation & Period:	Fine Amount (Rs.)	Status
Reg. 27(2) – Mar-16:	10,000	Paid
Reg. 33 – Mar-16:	3,85,374	Paid
Reg. 33 – Mar-21:	5,000	Paid
Reg. 34 – Mar-15:	2,000	Paid
Reg. 34 – Mar-17:	16,000	Paid
Reg. 17(1) – Dec-20:	1,10,000	Paid
Reg. 23(9) – Sep-25:	5,000	Paid

Board's Response and Future Measures

The Board of Directors acknowledged that the non-compliances relate to historical periods and arose due to procedural lapses in earlier years. The company has expressed regret for the delay in rectifying the outstanding dues.

Key commitments made by the Board include:

Implementation of robust internal monitoring mechanisms
Ensuring strict and timely compliance with all SEBI LODR provisions
Reaffirming commitment to highest standards of corporate governance
Strengthening the compliance framework going forward

Regulatory Context

The disclosure was made in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This circular mandates that non-compliances identified by exchanges and subsequent actions must be placed before the Board, with the Board's comments communicated to the exchange.

The settlement of these fines eliminates the risk of potential promoter demat account freezing, which BSE had warned could occur for non-payment of outstanding dues. The company can now focus on maintaining regulatory compliance without the burden of historical penalties.