Accel Limited would like to intimate about the 39th AGM to be held on Monday, 29.09.2025 through VC/OAVM.
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Accel Limited has informed BSE that its 39th AGM will be held on Monday, 29th September 2025 at 3:00 PM (IST) through Video Conferencing (VC)/OAVM, with the registered office in Chennai as the deemed venue. Key agenda items include adoption of audited standalone and consolidated financial statements for FY25, declaration of a dividend of Rs. 0.30 per equity share (15%) on face value of Rs. 2 each, and reappointment of Ms. Shruthi Panicker as Director (retiring by rotation). Special business includes appointment of M/s. JM & Associates as Secretarial Auditors for five years (FY2025-26 to FY2029-30), reappointment of Mr. Nagarajan Krishnamurthy as Independent Director for a second term of five years (till 30.09.2030), and alteration in the remuneration of Chairman & Managing Director Mr. N.R. Panicker effective 1st April 2025 (basic salary Rs. 4.40 lakh/month, 1% net profit commission, plus perquisites). The cut-off date for e-voting eligibility and dividend is 22nd September 2025, with remote e-voting open from 26th September (9:00 AM) to 28th September (5:00 PM) via NSDL's platform.
Routine AGM notice for shareholders — key takeaways are a modest 15% dividend (Rs. 0.30/share), continuation of existing leadership and auditor, and approval sought for higher executive remuneration for the CMD. No major strategic shift or capital action is signalled; the stock price is unlikely to move meaningfully on the announcement itself.