Accel Ltd - 517494 - Board Meeting Intimation for CONSIDER AND TAKE ON RECORD UNAUDITED FINANCIAL RESULTS FOR THE QUARTER (Q3) ENDED 31.12.2021
Accel Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2022 ,inter alia, to consider and approve and take on record the Standalone and Consolidated Unaudited Reviewed Financial Results for the Quarter (Q3) ended 31st December, 2021 Accel Ltd - 517494 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
This is to inform you that the Compensation Committee ("Committee'''') of the Board of Directors of the Company at its meeting held on 21st January, 2022 has allotted 3,10,000 (Three Lakh Ten Thousand Only) equity shares of face value of Rs. 2/- (Rupees Two Only) each ('Shares'''') of the Company under its 'Accel Limited - Employee Stock Purchase Scheme 2021" ("Accel - ESPS 2021"/ 'Scheme") to the eligible grantees, pursuant to exercise of ESPS offered thereunder. Accel Ltd - 517494 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Accel Limited, BSE listed Chennai headquartered, IT services companyhas announced that the company is acquiring a substantial minority stake in BizCarta Technologies India Private Limited , a leading cyber security consulting and services company based in Bangalore, India with operations and customers in USA, Singapore, Australia. The board meeting held today approved the transaction and authorized the managing director to sign necessary agreements and conclude the deal within 30 days. This initiative is in line with the company's objective of expanding its IT security services portfolio. The company will be setting up a Security Operations Centre in Chennai to offer managed security services Accel Ltd - 517494 - OUTCOME OF BOARD MEETING HELD ON 20TH JANUARY, 2022
The Board in its meeting held today considered a proposal for acquiring substantial minority stake in a Cyber Security Consulting and services company namely BizCarta Technologies India Private Limited, based in Bangalore with operations and customers in India, Singapore, USA and Australia, through acquisition of shares from present promoters and direct investment into the company. After reviewing the Independent Valuation Report and Due Diligence Report, the Board authorized N.R. Panicker, Managing Director to enter into suitable agreements to acquire upto 26% of the Equity for consideration not exceeding Rs. 500 Lakhs and to conclude the transaction within 30 days. This initiative is in line with the company's objective of expanding its service portfolio to include IT Security Services. Post investment by Accel Limited, BizCarta will be run as a joint venture company with Accel's representatives on its board. Accel Ltd - 517494 - Shareholding for the Period Ended December 31, 2021
Accel Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2021. For more details, kindly Click here Accel Ltd - 517494 - Statement Of Investor Complaints For The Quarter Ended December 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0000 Name of the Signatory :- H PavithraDesignation :- Company Secretary and Compliance Officer Accel Ltd - 517494 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Based on the certificate received from the Registrar and Transfer Agents of the Company, we hereby certify that the securities received for dematerialization have been mutilated and cancelled after due verification and the name of the depository has been substituted in our records as the registered owner within the stipulated time of receipt of certificate of security. Further, we hereby certify that the securities which were dematerialized are listed on the Stock Exchange(s) where the earlier issued securities are listed. Accel Ltd - 517494 - Closure of Trading Window
With reference to the above subject, we wish to inform you that in terms of Company's Code of Conduct to Regulate, Monitor and Reporting Trading by Insiders, framed as per SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the securities of the Company is closed with effect from 1st January, 2022, till the end of 48 hours after the declaration of Unaudited financial results of the Company for the quarter ended 31st December 2021. The trading window shall open after 48 hours of declaration of the said results. The date of the Board meeting to consider, inter alia, Unaudited financial results for the quarter ended 31st December, 2021 shall be intimated separately in due course. Accel Ltd - 517494 - Disclosure Under Reg. 30 Of SEBI LODR
We would like to bring to your notice that the captioned company, namely ACCEL LIMITED, has received certain complaints via email, phone calls from the stakeholders and general public regarding the prevalence of fake mobile applications being circulated through Google Play Store / IOS by unidentified person(s) in the name of Accel. From the complaints, we noticed that the public investors have invested money via this fake application. In this regard, we would like to highlight that the company is absolutely clueless about the identity of such fake application and we are no way connected with it. Immediately upon the receipt of such complaints, we have published a disclaimer in our official website on above mentioned application stating that the company is not liable for any loss/ damages incurred by any person. The disclaimer published is enclosed herewith for your reference. This is for your kind information. Accel Ltd - 517494 - RESPONSE TO THE CLARIFICATION ON PRICE MOVEMENT
With reference to your email dated 24th December 2021, we would like to inform that the company has duly communicated to the Stock Exchange, all the material events, information, etc., as and when occurred according to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has no specific reason to substantiate the significant movement of share price of the company in past few days. The company is happy to state that the growth of the business in the normal course during the last two quarters and the visibility going forward due to better economic environment could be the reason for the improved sentiment and upward trend in the share price of the company.