Accel Limited has announced the outcome of its Board meeting held on August 11, 2026. The Board approved the Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026. Additionally, the company approved the appointment of M/s. Menon & Pai, Chartered Accountants as its new Statutory Auditors for a term of five consecutive years, subject to shareholder approval.
Board Meeting Approves Financials and Auditor Appointment
Accel Limited’s Board of Directors convened on August 11, 2026, to review and approve key corporate matters. The primary outcomes of the meeting included the acceptance of the company’s Standalone and Consolidated Unaudited Financial Results for the quarter concluding on June 30, 2026. These results, along with a Limited Review Report, were duly noted by the Board.
New Statutory Auditors Appointed
Following a recommendation from the Audit Committee, the Board also approved the appointment of M/s. Menon & Pai, Chartered Accountants (FRN: 008025S) as the new Statutory Auditors of the company. This appointment is set for a term of five consecutive years, commencing from the conclusion of the upcoming Annual General Meeting (AGM) until the conclusion of the 45th AGM. The appointment is contingent upon shareholder approval at the ensuing AGM, replacing the retiring auditors whose term expires at the conclusion of the next AGM.
Meeting Details
The Board meeting commenced at 11:00 AM IST and concluded at 4:55 PM IST on the same day.
Source: BSE
