Accelya Solutions Receives Income Tax Demand of ₹1,749.08 Lakhs for FY 2022-23

1 min read Updated on 19 Mar 2026, 05:02 PM

Reviewed by

Radhika SScanX News Team

Overview

Accelya Solutions India Limited received an income tax order demanding ₹1,749.08 lakhs for FY 2022-23 from the Assessment Unit, Income Tax Department, along with a show cause notice under section 270A. The order, received on 18 March 2026, includes certain additions and disallowances. The company plans to file an appeal against the order and respond to the show cause notice, stating it expects no impact on its financial or operational activities.

*this image is generated using AI for illustrative purposes only.

Accelya solutions India Limited has disclosed receiving an income tax order with a demand of ₹1,749.08 lakhs for financial year 2022-23, along with a show cause notice from the Income Tax Department. The company made this disclosure under Regulation 30 of the SEBI Listing Regulations on 19 March 2026.

Tax Assessment Details

The Assessment Unit of the Income Tax Department issued an order under section 143(3) read with section 144B of the Income Tax Act for FY 2022-23. The order was received by the company on 18 March 2026 at 9.47 p.m. The assessment resulted in certain additions and disallowances, leading to the substantial income tax demand.

Parameter:	Details
Authority:	Assessment Unit, Income Tax Department
Order Sections:	143(3) read with 144B of Income Tax Act
Show Cause Notice:	Section 270A of Income Tax Act
Financial Year:	2022-23
Tax Demand:	₹1,749.08 lakhs
Receipt Date:	18 March 2026 at 9.47 p.m.

Company's Response Strategy

Accelya Solutions has outlined its plan to challenge the income tax order through appropriate legal channels. The company intends to file necessary applications, including an appeal against the order before the appropriate authority under the Income Tax Act. Additionally, the company is preparing to file an appropriate reply against the show cause notice received under section 270A.

Financial Impact Assessment

Despite the significant monetary demand of ₹1,749.08 lakhs, the company has stated that it does not expect any impact on its financial, operational, or other activities due to this order. This suggests the company's confidence in its position and its ability to successfully challenge the assessment through the appellate process.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided the requisite information as per Para A of Part A of Schedule XIII under the SEBI Listing Regulations, ensuring transparency with stakeholders regarding this material development.

Historical Stock Returns for Accelya Solutions

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.74%	-1.54%	-0.69%	-20.71%	-8.95%	+31.94%

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Accelya Solutions Transfers 920 Equity Shares to IEPF Authority for Unclaimed Dividends

1 min read Updated on 11 Feb 2026, 09:50 PM

Reviewed by

Shriram SScanX News Team

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Overview

Accelya Solutions India Limited has transferred 920 equity shares from 19 shareholders to the IEPF Authority under Section 124(6) of Companies Act 2013. The transfer, executed on February 10, 2026, involved 720 shares from physical to NSDL format and 200 shares within NSDL. This mandatory corporate action addresses unclaimed dividends over seven consecutive years and ensures regulatory compliance while protecting shareholder interests through the IEPF mechanism.

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Accelya solutions India Limited has completed the mandatory transfer of 920 equity shares to the Investor Education and Protection Fund (IEPF) Authority, as required under Section 124(6) of the Companies Act 2013. The transfer was executed on February 10, 2026, affecting shareholders who have not claimed dividends for seven consecutive years.

Transfer Details and Compliance

The company transferred shares from 19 shareholders to the IEPF Authority's demat account maintained with NSDL. This action complies with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended, which mandates the transfer of shares with unclaimed dividends.

Transfer Type:	Number of Holders	Equity Shares Transferred
Physical to NSDL:	15	720
NSDL to NSDL:	4	200
Total:	19	920

NSDL Confirmation and Documentation

NSDL confirmed the successful execution of both transfer categories through official communications. The Physical to NSDL transfer involved 15 records with 720.000 shares, while the NSDL to NSDL transfer processed 4 records with 200.000 shares each for credit and debit entries. All transfers were executed under ISIN INE793A01012 for Accelya Solutions India Limited equity shares.

Regulatory Framework and Shareholder Protection

The IEPF mechanism serves as a protective measure for investors who may have lost track of their investments or dividends. Shareholders whose shares have been transferred to IEPF can still claim their shares and accumulated dividends by following the prescribed procedure under the IEPF Rules. The transfer ensures that unclaimed dividends and corresponding shares are safeguarded under government oversight.

Corporate Action Execution

KFIN Technologies Limited, serving as the company's Registrar and Transfer Agent, facilitated the corporate action execution. Company Secretary Ninad Umranikar, with membership number ACS 14201, signed the compliance documentation on behalf of Accelya Solutions India Limited. The company has notified both NSE (scrip code: ACCELYA) and BSE (scrip code: 532268) about the completed transfer as per regulatory requirements.

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