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Accel LtdImportant, 13-03-2026: Company Update

13-03-2026 | 07:15 pm

Accel Limited secured a favorable tax order from the Income Tax appellate authority. The prior disallowance of Rs. 7.38 crore in Long Term Capital Loss against Long Term Capital Gains, which was initially flagged, has been successfully overturned and deleted. This positive decision significantly benefits the company's financials, leading to an approximate tax benefit of Rs. 1.63 crore. Importantly, no penalties or interest are associated with this resolution, providing clarity and a positive boost to the company's financial position for shareholders.

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