Accel Ltd
NSE: BSE: 517494
₹11.23
-0.18 (1.58%)
Fri, 23 Oct 2026, 00:03 pm
Market Cap (in Cr)65.69
PE Ratio18.11
Dividend2.63
Technology Services
Information Technology Services
24.5KAccel Ltd Company History
1986
- Transmatic Systems Limited was incorporated by Mr.M.R.Narayanan, T.Ravindran and their associates.
- A promotional agreement was signed with the Kerala State Industrial Development Corporation.
1987
- The company commenced commercial production of telex interface and other items.
1988
- The company commenced operations with an annual turnover of Rs.73.46 lacs.
1989
- The company was awarded the Productivity Award by National Productivity Council of India.
1990
- The company's annual turnover grew to Rs.373.52 lacs.
1991
- The company obtained equity capital assistance of Rs.21 lacs from Technology Development & Information Company Of India Ltd.
- The company's annual turnover grew to Rs.373.52 lacs.
1992
- The company's annual turnover grew to Rs.1265.35 lacs.
1993
- The company's annual turnover grew to Rs.918.02 lacs.
1994
- Total investments in R&D aggregated to about Rs.28.00 lacs.
2002
- Transmatic Systems tied up with Accel.
2004
- The Board approved a scheme of amalgamation/merger with Ushus Technologies Private Ltd, Accel Software and Technologies Ltd, Zener Electronics Private Ltd, and the Office Automation Division of Accel Ltd.
2006
- Accel Transmatic Ltd set up Accel Animation Studios.
- Accel Transmatic signed an agreement with Kahani World, Canada.
- A wholly owned subsidiary was set up in California, USA.
2007
- The Company recommended a dividend of 6% for the year.
- The training division was formed into a new company called Accel Academy Limited.
- A wholly owned subsidiary, Accel North America Inc, was set up in California, USA.
2008
- The Company designated an email id for the grievance redressal division/compliance officer.
- Accel Limited acquired a 51% stake in Accel Academy Limited via cash.
2010
- Disney Channel acquired Accel Animations 'Ek tha Jungle' 3D animated.
- Accel Animation entered into a co-production pact with Big Animation to produce 'Shaktimaan' in an animated avatar.
2012
- Mr. ST Prabhu was co-opted as Additional Director and Wholetime Director of the Company.
2018
- The company name was changed to ACCEL Ltd. from Accel Transmatic Ltd.
2024
- The Company Board of Directors approved the Scheme of merger of Accel Media Ventures Ltd. with Accel Ltd.
