Pursuant to Regulation 47 of the SEBI (LODR) Regulation 2015, please enclosed a copy of the Newspaper publication published in Financial Express and Makkal Kural dated 25.09.2025.
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Awaiting price reaction for this filing.
Accel Limited has informed BSE that newspaper advertisements regarding the hearing of its Scheme of Amalgamation with Accel Media Ventures Limited (Transferor Company) were published on 25th September 2025 in Business Standard (English) and Makkal Kural (Tamil). The scheme proposes the merger of Accel Media Ventures Limited into Accel Limited (Transferee Company). The Hon'ble National Company Law Tribunal (NCLT), Chennai Bench is scheduled to hear the petition on 15th October 2025. This filing is a regulatory compliance disclosure under Regulation 30 of SEBI LODR Regulations 2015, informing stakeholders of the upcoming tribunal hearing. No new financial terms, valuation details, or swap ratios have been disclosed in this particular filing.
This is a procedural update rather than a material business development — it simply notifies shareholders that the NCLT hearing notice has been published in newspapers as legally required. Shareholders should watch the 15th October 2025 NCLT hearing for any ruling on the amalgamation, which if approved will merge Accel Media Ventures into Accel Limited. Near-term stock price impact is expected to be limited unless the scheme terms or hearing outcome reveal new information.