Accord Synergy Ltd. allotted 4,00,000 fully paid-up equity shares to Dr. Faruk Patel on June 11, 2026, at an issue price of ₹42.35 per share. The board approved the issuance following shareholder approval at an Extra Ordinary General Meeting held on June 3, 2026, and receipt of requisite regulatory approvals. The allotment increases the company's issued, subscribed, and paid-up capital, with the new shares ranking pari passu with existing equity shares.

The equity shares have a face value of ₹10 each. The transaction was conducted in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The board meeting commenced at 4:30 p.m. and concluded at 5:00 p.m. on June 11, 2026.

Capital Structure Changes

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Drashti Gandhi, Company Secretary & Compliance Officer, signed the intimation to the National Stock Exchange of India Limited.

accord synergy has confirmed that it, along with persons acting in concert, has not created any encumbrance over the shares held directly or indirectly during the financial year ended March 31, 2026. The disclosure ensures that the shareholding structure remains unencumbered, providing clarity to investors regarding the status of promoter holdings. The confirmation was submitted to the National Stock Exchange of India Limited on April 30, 2026.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011. This regulation requires listed companies to disclose any encumbrance on shares held by promoters or persons acting in concert on an annual basis. The absence of encumbrance indicates that the promoters have not pledged their shares as collateral for loans or other financial obligations during the specified period.

Submission Details

The disclosure was formally addressed to the National Stock Exchange of India Limited at its Bandra Kurla Complex office in Mumbai. The document was signed by Betulla Khan, Managing Director, on behalf of all promoters of Accord Synergy Limited. A copy of the communication was also marked to the Audit Committee of the company for their records.

The following table summarizes the key details of the disclosure:

The confirmation was subsequently forwarded to the exchange by Drashti Gandhi, Company Secretary of Accord Synergy Limited, for official record-keeping.