Accel Limited has disclosed that its promoter, Mr. N R Panicker, acquired 10,658 equity shares. The acquisition took place through the open market across multiple tranches between September 4, 2026, and September 16, 2026. This disclosure is made in accordance with SEBI regulations regarding substantial acquisition of shares. The purchase reflects continued investment by the promoter in the company.
Promoter Equity Acquisition
Accel Limited announced that its promoter, Mr. N R Panicker, has acquired an additional 10,658 equity shares of the company. This acquisition was executed through the open market mechanism over a period spanning from September 4, 2026, to September 16, 2026. The transaction involved multiple tranches, indicating a consistent approach to increasing stake during the specified period.
Regulatory Disclosure
The disclosure is made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mr. Panicker’s increased holding, along with previously disclosed acquisitions, is now being formally reported. It is noted that this disclosure of 10,658 shares is separate from the 14,000 equity shares acquired by the same promoter on September 10, 2026, which were disclosed earlier.
Shareholding Details
Before this acquisition, the promoter held 2,33,88,958 equity shares, representing 40.63% of the total share capital. After acquiring the additional 10,658 shares, the promoter’s total holding has increased to 2,33,99,616 equity shares, accounting for approximately 40.64% of the total equity. The company’s total equity share capital remains consistent at 5,75,72,401 equity shares, each with a face value of Rs. 2.
Source: BSE
