Chennai, 2nd March
2021:
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. After this transaction, all the existing businesses of
Ensure Support Services Limited will be run under Accel Limited, as Accel IT Services.
Earlier, on 31st July 2020, Accel Limited has acquired Ensure Support Services Limited from
Redington India limited in an all cash deal, thereby making it a wholly owned subsidiary of
Accel Limited.
Chennai, 31st July
2020:
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. The agreement is seen as a
synergy between complementary skill-sets that will enable a larger reach and an enhanced
solutions portfolio to the customers of both the companies. Ensure Services is a pan India
services company in the business of providing warranty fulfillment services, spare parts
management, infrastructure management services, break-fix maintenance services on behalf of
Original Equipment Manufacturers. The company has a footprint of over 80 locations across
India and a consistent annual turnover of over Rs.100 Crores.
Bengaluru, Jan
2020:
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 75% of the equity Shares of CFIPL, thereby making it a
subsidiary of Accel. A synergy of complementary strengths as Accel and CFIPL have made their
mark for services and solutions respectively.
Kochi, December
2019:
Team Accel being recognized at the 100th day celebration of mega hit movie Lucifer. The
movie is currently the highest-grossing Malayalam film ever. Accel Media is proud to have
been the lead VFX and DI partner to this milestone venture. Superstar Prithviraj handing
over the memento to N R Panicker and team from Accel Media.
Thiruvananthapuram, March
2021:
Accel Realty completes the first phase 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.