Accel Limited CFO Rajesh K Nandhi Steps Down, Citing Personal Reasons

Accel Limited , a prominent player in the Indian market, has announced a significant change in its top management. Rajesh K Nandhi, the company's Chief Financial Officer (CFO), has tendered his resignation due to personal reasons. This development marks a notable shift in the company's financial leadership.

Key Details of the Resignation

Aspect	Details
Resigning Executive	Rajesh K Nandhi
Position	Chief Financial Officer (CFO)
Effective Date	October 31, 2025 (closing hours)
Reason Cited	Personal reasons
Shareholding in Company	Nil

Company's Response and Next Steps

Accel Limited has officially communicated this change to the stock exchanges, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that it is actively engaged in the process of identifying a suitable replacement for the CFO position.

Implications and Outlook

The departure of a key executive like the CFO can often have implications for a company's financial strategy and operations. Accel Limited appears to be taking proactive steps to ensure a smooth transition. The company's prompt disclosure and initiation of the replacement process demonstrate its commitment to maintaining financial leadership and transparency with its stakeholders.

As the search for a new CFO progresses, investors and market analysts will likely keep a close watch on Accel Limited's financial management and any potential impacts on the company's strategic direction.

Leadership changes, while sometimes challenging, can also bring fresh perspectives and new opportunities for organizational growth. As Accel Limited navigates this transition, the market will be keen to see how the company maintains its financial stability and pursues its strategic objectives under new financial leadership.

The company has not provided any further details about potential candidates for the CFO position or a timeline for the appointment of Nandhi's successor. Stakeholders can expect further updates from Accel Limited as the situation develops.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.75%	+0.46%	-3.10%	-14.46%	-31.36%	+72.13%

Accel and technology investor Prosus have announced a strategic partnership to co-invest in early-stage Indian startups through an expanded Atoms X programme. This collaboration aims to provide continuous funding support from seed stage to scale for selected startups, with a focus on LeapTech companies.

Key Highlights of the Partnership

Target: LeapTech companies combining engineering and scientific breakthroughs to solve large-scale problems in India
Investment Strategy: Prosus to match Accel's investments in selected startups
Funding Continuity: Continuous support from seed stage to scale

Strengths of the Alliance

Partner	Contribution
Accel	Founder-first expertise in nurturing Indian startups from early stages
Prosus	Patient capital and global reach

Significance of the Collaboration

This partnership marks Prosus's first collaboration of this kind globally, emphasizing the potential they see in the Indian startup ecosystem. The alliance is designed to support founders who are building solutions based on scientific and engineering principles, addressing challenges at India's scale.

The combination of Accel's expertise in early-stage startup development and Prosus's global reach and patient capital creates a support system for innovative Indian entrepreneurs. This strategic alliance has the potential to boost the growth of LeapTech startups in India, providing them with resources and guidance to scale their solutions.

As the Indian startup ecosystem evolves, collaborations between established venture capital firms and global technology investors could play a role in fostering innovation and driving technological advancements in the country.