The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for N R Panicker
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Mr. N R Panicker, a promoter of Accel Limited, purchased 20,000 equity shares through open market on 24th December 2025, representing 0.03% of the company's total share capital. His holding increased from 2,33,31,032 shares (40.52%) to 2,33,51,032 shares (40.55%). The company's total equity share capital stands at 5,75,72,401 shares of Rs. 2 each. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeover Regulations, 2011.
This is a small, incremental promoter purchase that signals mild confidence but is too minor to materially alter the shareholding pattern. The promoter's stake remains well below 50% at 40.55%, leaving room for further acquisitions.