ACCEL LIMITED — Capital/Financing Update 2026

Mar 31, 2026

March 31, 2026

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AL/CS/BSE/077/2025-26

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

Scrip Code: 517494

Dear Sirs,

Sub: Proposed incorporation of a Wholly Owned Subsidiary company – Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( “SEBI Listing Regulations” )

Pursuant to Regulation 30 of SEBI Listing Regulations, we hereby inform you that in accordance with the powers conferred by the Board of Directors of Accel Limited ( “the Company” ), at its meeting held today i.e. March 31, 2026, has approved the incorporation of a Wholly Owned Subsidiary of the Company, proposed to be engaged in the business of development of technology parks, cyber parks and real estate activities, under the provisions of the Companies Act, 2013 with the name and style of “ INFINIUUM TECHPARKS PRIVATE LIMITED ”.

The disclosures as required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular dated November 11, 2024, and December 31, 2024, are given in Annexure-A .

The meeting of the Board of Directors commenced at 12.00 P.M. (IST) and concluded at 01. 15 p.m. (IST).

This is also being uploaded on the Company’s website at https://www.accel-india.com.

You are requested to take the same on record.

Thanking you.

FOR ACCEL LIMITED,

VISHNU Digitally signed by VISHNU S S Date: 2026.03.31 13:39:26 +05'30'

VISHNU S

COMPANY SECRETARY

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Annexure-A

Sr. No.	Particulars	Details
1	Name of the entity, date & country of incorporation, etc.	Name of the proposed company: INFINIUUM TECHPARKS PRIVATE LIMITED (under incorporation) Date of Incorporation: Incorporation is under process. Country of incorporation: The registered office of the proposed company will be situated in Chennai, Tamil Nadu, India
2	Name of holding company of the incorporated company and relation with the listed entity	The company being incorporated is a wholly owned subsidiary of Accel Limited, the Holding Company
3	Industry to which the entity being incorporated belongs	Real Estate – Technology Parks.
4	Brief background about the entity incorporated in terms of products/line of business	The proposed company will be engaged, inter alia, in the business of, development, acquisition, ownership, operation, leasing and management of technology parks, IT/ITES campuses, data centres, co-working spaces and related built-up infrastructure, as well as real estate activities including purchase, sale, lease, development and management of immovable properties and all ancillary and incidental activities in connection therewith.
5	Brief details of any governmental or regulatory approvals required for the incorporation	None / Not Applicable
6	Nature of consideration - whether cash consideration or share swap and details of the same	100% subscription to the initial paid-up share capital in cash.
7	Cost of subscription/price at which the shares are subscribed	₹ 1,00,00,000 i.e. 10,00,000 equity shares of face value of ₹ 10/- each at par value
8	Percentage of shareholding/control by the listed entity and/or number of shares allotted	100% subscription to the initial paid-up share capital in cash.

VISHNU Digitally signed by VISHNU S S Date: 2026.03.31 13:39:40 +05'30'

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