Accel Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/04/2026 ,inter alia, to consider and approve Accel Limited wishes to inform, a meeting ....
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Accel Limited has called a Board meeting on 30 April 2026 to approve the allotment of fully paid-up equity shares to eligible shareholders of Accel Media Ventures Limited, in line with the share exchange ratio specified in the Scheme of Amalgamation. The Scheme has already been sanctioned by the National Company Law Tribunal (NCLT). Accel Media Ventures is the Transferor Company and Accel Limited is the Transferee Company. Once allotment is completed, the merger will become effective and Accel Media Ventures will be absorbed into Accel Limited.
For shareholders, this is the final execution step of the amalgamation — shares of Accel Media Ventures will be swapped for Accel Limited shares at the NCLT-approved ratio, expanding Accel Limited's share base. Existing shareholders of Accel Limited may see modest dilution depending on the exchange ratio, while Accel Media Ventures shareholders will become shareholders of the listed entity.