Accel Ltd — Updates, 07-07-2025: Company Update

Accel Limited has announced a meeting of its secured creditors to consider and approve the Scheme of Amalgamation with its subsidiary, Accel Media Ventures Limited. The amalgamation aims to integrate business operations, optimize resources, and enhance shareholder value by consolidating complementary media, IT, and realty businesses. Accel Media Ventures has recently expanded into IT and media education (Accel Academy) and digital content (Accel TV), which the amalgamated entity expects to leverage for growth. The share exchange ratio is one equity share in Accel Limited for every two shares held in Accel Media Ventures. The merger is expected to reduce operational costs, streamline compliances, and help the subsidiary overcome liquidity challenges. The Board sees this as a strategic move to simplify structure and improve financial returns without impacting creditor rights or existing management. The scheme is subject to requisite approvals, including from creditors, shareholders, and the National Company Law Tribunal.

Accel Limited also disclosed its audited financial results for the year ended March 31, 2025. The company reported standalone revenue of Rs. 162.82 Cr and net profit of Rs. 2.64 Cr, with a proposed final dividend of Rs. 0.30 per share pending shareholder approval. The consolidated results show revenue of Rs. 163.05 Cr and a net profit of Rs. 3.29 Cr. Segment-wise, IT services constitute the major revenue source, followed by realty and media services. Key audit qualifications relate to overdue loans to subsidiaries and valuation of investments in an associate, which management believes are temporary and recoverable. No change is anticipated in promoters, directors, or key managerial personnel post-merger.