Accedere Limited’s Board of Directors convened on August 13, 2026, approving the un-audited consolidated and standalone financial results for the quarter ended June 30, 2026. The board also recommended a final dividend of Rs. 0.10 per equity share for the financial year ended March 31, 2026. Additionally, Accedere Tech Private Limited, UAE, was approved as a wholly-owned subsidiary.
Accedere Limited Board Meeting Outcomes
The Board of Directors of Accedere Limited met on August 13, 2026, and has approved key financial and strategic decisions. The meeting, which commenced at 05:45 PM and concluded at 7:40 PM, saw the endorsement of the company’s un-audited consolidated and standalone financial results for the first quarter ended June 30, 2026.
Dividend Recommendation and Subsidiary Status
In a significant move for shareholders, the Board recommended a final dividend of Rs. 0.10 per equity share, with a face value of Rs. 10 each, for the financial year ended March 31, 2026. The dividend payment will be subject to shareholder approval at the upcoming Annual General Meeting (AGM), and the record date will be intimated later. Furthermore, the Board approved the acquisition of Accedere Tech Private Limited, UAE, making it a wholly-owned subsidiary of Accedere Limited.
Limited Review Report
A Limited Review Report for the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, prepared by statutory auditors M/s Gupta Raj & Co., Chartered Accountants, was also enclosed as part of the disclosure.
Financial Highlights (Consolidated)
The statement of consolidated unaudited financial results for the quarter ended June 30, 2026, shows a total income of Rs. 102.37 Lacs. Total expenses for the quarter stood at Rs. 93.44 Lacs, resulting in a profit from operations before exceptional and extraordinary items and tax of Rs. 8.93 Lacs. The profit for the period after tax was Rs. 6.68 Lacs. Total comprehensive income for the quarter was Rs. 14.05 Lacs, and profit available for shareholders was Rs. 12.21 Lacs. Earnings per share (basic and diluted) were Rs. 0.11.
Financial Highlights (Standalone)
For the standalone results, total income for the quarter ended June 30, 2026, was Rs. 102.37 Lacs, with total expenses at Rs. 89.68 Lacs. This led to a profit from operations before exceptional and extraordinary items and tax of Rs. 12.69 Lacs. The profit for the period after tax was Rs. 9.50 Lacs. Total comprehensive income was Rs. 16.87 Lacs, and profit available for shareholders was Rs. 9.50 Lacs. Standalone earnings per share (basic and diluted) were Rs. 0.21.
Source: BSE
