ESTABLISHING SUSTAINABLE BUSINESSES
Milestones that enabled the growth of a diversified business portfolio
Change and adaptability have been the hallmarks of the Accel Group ever since it began its journey in the year 1991. As the industry grew beyond all expectations and dynamic business models emerged, sustainability became the new mantra for the company, both as an entity and as a part of the global supply chain. For Accel’s founding team led by N R Panicker, one principle remained steadfast. Delivering value through service. This unwavering focus enabled the growth of a diversified service portfolio that helped the organisation establish sustainable businesses. Across domains and beyond geographies.
GROUP ACCEL...across the IT, Media and Realty domains, Accel’s business portfolio is a diverse array of established ventures striving to excel in their respective industries
Accel Limited began its journey in the year 1991 as a vendor independent IT services company headquartered in Chennai, India. Over the years a passion for excellence and an unwavering focus on customer service saw the transition of the start-up into a successful technology services Group. Rapid organic growth along with a series of acquisitions and mergers ensured the evolution of the Group into a multi-divisional multi-location entity. After having exited the flagship, Accel Frontline Limited, in 2016 the company re-entered the IT services business along with a foray into Digital Media and Realty.
A highly awarded technocrat with a star studded track record of over 30 years, N R Panicker is the visionary founder of the Accel Group of companies. He entered the IT industry as a young electronics engineer from the Government College of Engineering, Thiruvananthapuram and after a successful stint in HCL, he founded Accel in 1991. On growing the venture from a start-up to an MNC with full operational presence in seven countries, he guided the company through a successful IPO and later gained industry accolade with the acquisition of a majority stake of his venture by British Telecom. Ranked by DQ India as one of the Top 10 Key Influencers in the Indian IT Industry, he was also selected by the State Government and The Confederation of Indian Industry as one of the Top Ten CEO’s. Brimming with entrepreneurial drive he acquired several niche players in the IT Industry and established professional management teams across all the companies in the Group. A hands-on manager and a visionary leader, he continues to drive the Group through the crests and troughs of a dynamic industry.
BOARD OF DIRECTORS
N. R. PanickerFounder - Chairman & Managing Director
Shruthi PanickerNon Executive-Non Independent Director
Dr. M. AyyappanNon-Executive-Independent Director
Dr. C. N. RamchandNon Executive-Independent Director
K. NagarajanNon Executive-Independent Director
Biju Bijubhawan GopinathNon-Executive-Nominee Director
NEWS...updates from across the Group companies
Chennai, 2nd March
Accel Limited, The BSE listed (ACCEL | 517494 | INE258C01038) IT and Realty company, today announced that they have acquired the IT Services Business comprising IT Infrastructure Management Services, Warranty Management Services and e-Waste Management Services of Ensure Support Services India Limited. ...>>>
Chennai, 31st July
Mr. N. R. Panicker – Founder and Managing Director Accel Limited and Mr. S. V. Krishnan – Whole-time Director Redington (India) Limited exchanging the share purchase agreement wherein Accel Limited acquires 100% equity shares of M/s. Ensure Support Services (India) Limited, a wholly owned subsidiary of Redington (India) Limited....>>>
Mr. N. R. Panicker, Founder and Managing Director Accel Limited and Mr. Moses Lawrence, Co-Founder, Computer Factory (India) Private Limited, exchanging the Share Purchase Agreement for Accel’s acquisition of 100% of the equity Shares of CFIPL, thereby making it a wholly owned subsidiary of Accel Limited. ...>>>
Accel Realty completes the first face of Accel Infinium at Kinfra Film & Video park Thiruvananthapuram. Accel’s 1,65,000 sq. ft. IT Complex in the KINFRA Special Economic Zone in Thiruvananthapuram, is nearing completion and is set to make a mark on the infrastructure landscape of the city, apart from ushering in a fresh model for the emerging Work Near Home paradigm.