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, one of the promoters of Accel Limited, has bought 10,500 equity shares of the company through open market transactions on 22nd December 2025. This represents 0.02% of the total paid-up equity share capital. Following this acquisition, the promoter's holding has risen from 2,33,09,532 shares (40.48%) to 2,33,20,032 shares (40.50%). The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. Total equity share capital of the company stands at 5,75,72,401 shares of Rs. 2 each.
This is a small incremental purchase by an existing promoter, indicating mild confidence in the company. The change in promoter holding is marginal (just 0.02%) and unlikely to materially affect the stock price, though it signals the promoter's continued commitment above the 40% mark.