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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N R Panicker, a promoter of Accel Limited, acquired 8,500 equity shares through the open market on December 19, 2025. His holding rose marginally from 2,33,01,032 shares (40.47%) to 2,33,09,532 shares (40.48%) of the company's total equity capital. Accel Limited has a total equity share capital of 5,75,72,401 shares of Rs. 2 each. The acquisition was disclosed to BSE under Regulation 29(2) of the SEBI SAST Regulations, 2011.
This is a tiny 0.01% bump in promoter stake and unlikely to affect the stock price. It does, however, signal continued promoter confidence in the company. The promoter remains below the 50% mark at 40.48%.