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Source: NSE - Accel Frontline Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended March 31,2013. Date: 2013-05-29 |
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Source: NSE - Accel Limited has submitted to the Exchange, vide letter dated May 13, 2013 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-05-16 |
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Source: NSE - Thiagarajar Rubbers Private Limited has submitted to the Exchange vide letter dated May 08, 2013 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-05-13 |
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Source: NSE - Thiagarajar Rubbers Private Limited has submitted to the Exchange vide letter dated May 08, 2013 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-05-13 |
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Source: BSE - Accel Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE Date: 2013-05-13 |
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Source: NSE - Mega Resoucrces Ltd has submitted to the Exchange vide its letter dated April 28, 2013 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-05-08 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 Date: 2013-05-06 |
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Source: BSE - Mega Resoucrces Ltd has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 Date: 2013-04-23 |
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Source: NSE - Mega Resources Ltd has submitted to the Exchange vide its letter dated April 09, 2013 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-04-16 |
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Source: BSE - Mega Resoucrces Ltd has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 Date: 2013-04-08 |
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Source: NSE - Mega Resources Ltd has submitted to the Exchange vide its letter dated March 30, 2013 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-04-03 |
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Source: BSE - Hooghly Mills Projects Ltd has submitted the disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 Date: 2013-03-19 |
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Source: NSE - Hooghly Mills Projects Limited has submitted to the Exchange vide letter dated March 11, 2013 a copy of Disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. Date: 2013-03-15 |
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Source: BSE - Hooghly Mills Projects Ltd has submitted the disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 Date: 2013-03-15 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 Date: 2013-03-14 |
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Source: NSE - Hooghly Mills Projects Limited has submitted to the Exchange vide letter dated March 08, 2013 a copy of Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-03-12 |
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Source: NSE - Mega Resoucrces Limited has submitted to the Exchange vide its letter dated March 08, 2013 a copy of Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-03-12 |
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Source: NSE - Adani Agro Private Limited had submitted to the Exchange Announcement with respect to Offer for sale through Stock Exchange Mechanism for sale of 85,00,000 equity shares of Adani Enterprises Limited by Adani Agro Private Limited. Adani Agro Private Limited has now informed the Exchange that the Floor Price shall be Rs. 220/- (Rupees Two Hundred Twenty) per equity share of Adani Enterprises Limited. Date: 2013-03-01 |
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Source: NSE - Accel limited has submitted to the Exchange vide its letter dated February 28, 2013 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-03-01 |
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Source: NSE - Accel Limited has submitted to the Exchange vide letter dated February 28, 2013 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-03-01 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 29 of SEBI (SAST) Regulations, 2011 Date: 2013-03-01 |
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Source: BSE - Hooghly Mills Projects Ltd has submitted the disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011 Date: 2013-03-01 |
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Source: NSE - Hooghly Mills Projects Limited has submitted to the Exchange vide letter dated February 25, 2013 a copy of Disclosures under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. Date: 2013-02-28 |
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Source: NSE - Accel Limited has submitted to the Exchange vide letter dated February 25, 2013 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-02-26 |
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Source: NSE - Mega Resources Ltd. has submitted to the Exchange, vide letter dated February 19, 2013 a copy of disclosure under Regulation 29(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-02-26 |
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Source: BSE - Accel Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE Date: 2013-02-25 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 29 of SEBI (SAST) Regulations, 2011 Date: 2013-02-20 |
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Source: NSE - Mega Resources Ltd. has submitted to the Exchange, vide letter dated February 11, 2013 a copy of disclosure under Regulation 29(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-02-15 |
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Source: NSE - Mega Resources Ltd has submitted to the Exchange vide its letter dated February 06, 2013 a copy of disclosure under Regulation 29(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-02-12 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended December 31,2012. Date: 2013-02-06 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Financial Results & a copy of the Limited Review Report for the period ended December 31, 2012. Date: 2013-02-06 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 29 of SEBI (SAST) Regulations, 2011 Date: 2013-02-04 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 29 of SEBI (SAST) Regulations, 2011 Date: 2013-02-04 |
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Source: NSE - Mega Resources Ltd has submitted to the Exchange, vide letter dated January 18, 2013 a copy of disclosure under Regulation 29(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-01-30 |
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Source: NSE - Mega Resources Ltd has submitted to the Exchange, vide letter dated January 23, 2013 a copy of disclosure under Regulation 29(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-01-30 |
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Source: NSE - Mega Resources Ltd has submitted to the Exchange, vide letter dated January 22, 2013 a copy of disclosure under Regulation 29(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-01-30 |
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Source: NSE - Mega Resources Ltd has submitted to the Exchange vide its letter dated January 17, 2013 a copy of disclosure under Regulation 29(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-01-29 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 29 of SEBI (SAST) Regulations, 2011 Date: 2013-01-25 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 29 of SEBI (SAST) Regulations, 2011 Date: 2013-01-25 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 29 of SEBI (SAST) Regulations, 2011 Date: 2013-01-22 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 29 of SEBI (SAST) Regulations, 2011 Date: 2013-01-21 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 29 of SEBI (SAST) Regulations, 2011 Date: 2013-01-21 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange vide letter dated January 16, 2013 a copy of the Minutes of the Annual General Meeting of the shareholders of the Company held on December 19, 2012. Date: 2013-01-17 |
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Source: BSE - Accel Frontline Ltd has submitted to BSE a copy of the proceedings of the 17th Annual General Meeting (AGM) of the Company held on December 19, 2012. Date: 2013-01-17 |
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Source: NSE - Accel Limited has submitted to the Exchange vide its letter dated January 16, 2013 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2013-01-16 |
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Source: BSE - Accel Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE Date: 2013-01-16 |
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Source: BSE - Mega Resources Ltd has submitted the disclosures under Reg. 7(1A) of SEBI (SAST) Regulations, 1997 Date: 2013-01-14 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Date: 2012-12-31 |
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Source: NSE - Accel Limited has submitted to the Exchange vide letter dated December 28, 2012 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2012-12-31 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding the Outcome of the Annual General Meeting of the shareholders of the Company held on December 19, 2012. Date: 2012-12-19 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the 17th Annual General Meeting (AGM) of the Company was held on December 19, 2012. Date: 2012-12-19 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 13, 2012 to December 19, 2012 (both days inclusive) for the purpose of Payment of Final Dividend & Annual General Meeting (AGM) of the Company to be held on December 19, 2012. Date: 2012-11-07 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2012,
has appointed Mr. R. Ramaraj as an Additional Independent Director of the Company. Date: 2012-11-05 |
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Source: NSE - Accel Systems Group Inc. has submitted to the Exchange vide letter dated October 30, 2012 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2012-11-02 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that consequent to change in Directorships, the Board in the meeting held on October 31,2012 has re-constituted the various committees. Date: 2012-11-02 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2012, inter alia, has recommended a dividend of 15% (Rs. 1.50/- per equity share of Rs. 10 each) on the equity shares of the Company for the year ended March 31, 2012 subject to the approval of shareholders in the Annual General Meeting which is scheduled to be held on December 19, 2012.
The dividend on equity shares, if declared at the ensuing Annual General Meeting will be credited / dispatched on or before January 18, 2013. Date: 2012-11-02 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 31, 2012 has appointed Mr. R. Ramaraj as an Additional Independent Director of the Company. Date: 2012-11-02 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the dividend on equity shares, if declared at the ensuing Annual General Meeting will be credited / dispatched on or before January 18, 2013. Date: 2012-11-02 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Date: 2012-11-01 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Date: 2012-11-01 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Board at its meeting held on October 31, 2012 has recommended a dividend of 15% (Rs. 1.50/- per equity share of Rs. 10 Each) on the equity shares of the Company for the year ended March 31, 2012 subject to the approval of the shareholders. Date: 2012-11-01 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange the Standalone and Consolidated Financial Results along with the Limited Review Report for the period ended September 30,2012. Date: 2012-11-01 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Financial Results & a copy of the Limited Review Report for the period ended September 30, 2012. Date: 2012-10-31 |
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Source: BSE - Accel Systems Group Inc has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 Date: 2012-10-31 |
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Source: BSE - N R Panicker has submitted the disclosures under Reg.13(4) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Date: 2012-10-31 |
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Source: BSE - Accel Systems Group Inc has submitted the disclosures under Reg.13(4) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Date: 2012-10-31 |
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Source: BSE - N R Panicker has submitted the disclosures under Reg. 29(1) & 29(2) of SEBI (SAST) Regulations, 2011 Date: 2012-10-31 |
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Source: BSE - Accel Frontline Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 31, 2012, inter alia, to consider Audited financial results for the year ended March 31, 2012 and Unaudited results for the quarter ended September 30 2012 amongst other matters including recommendation of Dividend for the year ended March 31, 2012. Date: 2012-10-15 |
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Source: BSE - Accel Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE Date: 2012-10-01 |
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Source: NSE - Accel Limited has submitted to the Exchange, vide letter dated September 27, 2012 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2012-09-28 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a Press Release dated September 24, 2012, titled "Accel Frontline Services Limited merges with Accel Frontline Limited". Date: 2012-09-24 |
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Source: BSE - Accel Frontline Ltd has informed BSE regarding a Press Release dated September 24, 2012 titled " Accel Frontline Services Ltd merges with Accel Frontline Ltd". Date: 2012-09-24 |
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Source: BSE - Accel Frontline Ltd has informed BSE that pursuant to the filling of eform 21 on September 21, 2012 along with the certified
true copy of the order of the High Court of Madras with the Registrar of Company Chennai, Accel Frontline Services Limited an asscociate company of Accel Frontline Limited stands merged with Accel Frontline Limited. The merger comes into effect from the Appointed Date i.e. April 01, 2011. Date: 2012-09-21 |
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Source: NSE - Accel Frontline Limited has informed the Exchange vide its letter dated August 01, 2012 regarding the Company had intimated about filing an application with the Registrar of companies, Chennai seeking extension of time for holding the Annual General Meeting (AGM) of the company for the financial year ended March 31, 2012 by a period of three months from the due date of holding the AGM i.e September 30, 2012. The Company has now informed the Exchange that the Company had since made the application and has received an order dated August 17, 2012 from the Registrar of Companies, Chennai granting extension of time for holding the Annual General Meeting by a period of three months from the due date i.e. on or before December 31, 2012. Date: 2012-08-28 |
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Source: BSE - With reference to the earlier announcement dated August 02, 2012 regarding the Company had intimated about filing an application with the Registrar of companies, Chennai seeking extension of time for holding the Annual General Meeting (AGM) of the company for the financial year ended March 31, 2012 by a period of three months from the due date of holding the AGM i.e September 30, 2012, Accel Frontline Ltd
has informed BSE that the Company had since made the application and has received an order dated August 17, 2012 from the Registrar of Companies, Chennai granting extension of time for holding the Annual General Meeting by a period of three months from the due date ie on or before December 31, 2012. Date: 2012-08-23 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 01, 2012, have decided to file an application with the Registrar of companies, Chennai to extend the time for holding the Annual General Meeting (AGM) of the Company for the financial year ended March 31, 2012 by a period of three months from the due date of holding the AGM i.e. September 30, 2012.
The above decision was taken by the Board of Directors as the merger application filed by the company with the Honorable High of Madras wherein an associate company is being merged with the company is pending for approval. Once approved, the effective date of merger shall be April 01, 2011. Date: 2012-08-02 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Financial Results & a copy of the Limited Review Report for the period ended June 30, 2012. Date: 2012-08-01 |
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Source: BSE - N R Panicker has submitted the disclosures under Reg.13(4), 13(4A) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Date: 2012-06-28 |
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Source: BSE - Accel Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE Date: 2012-06-28 |
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Source: NSE - Accel Limited has submitted to the Exchange, vide letter dated June 28, 2012 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2012-06-28 |
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Source: BSE - N R Panicker has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 Date: 2012-06-28 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Date: 2012-06-28 |
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Source: BSE - N R Panicker has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 Date: 2012-06-27 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Date: 2012-06-27 |
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Source: BSE - N R Panicker has submitted the disclosures under Reg.13(4), 13(4A) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Date: 2012-06-27 |
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Source: NSE - N. R. Panicker has submitted to the Exchange vide letter dated June 22, 2012 a copy of Disclosure in terms of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and disclosure under Regulation 13(4), 13(4A) and 13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992. Date: 2012-06-26 |
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Source: BSE - Accel Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE Date: 2012-05-28 |
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Source: NSE - Accel Limited has submitted to the Exchange, vide letter dated May 19, 2012 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2012-05-22 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a Press Release dated May 04, 2012, titled " Mr. S (Sam) Santhosh Joins Accel Frontline Ltd as an Independent Director ". Date: 2012-05-04 |
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Source: BSE - Accel Frontline Ltd has informed BSE regarding a Press Release dated May 04, 2012 titled "Mr. S. (Sam) Santhosh joins Accel Frontline Ltd as an Independent Director". Date: 2012-05-04 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a Press Release dated May 03, 2012, titled "Accel Frontline Limited posts Consolidated Revenue at Rs. 421.92 crore for FY12". Date: 2012-05-04 |
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Source: BSE - Accel Frontline Ltd has informed BSE regarding a Press Release dated May 03, 2012 titled, "Accel Frontline posts Consolidated Revenue of Rs 421.92 crore for FY 12."
Date: 2012-05-03 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Board in its meeting held on May 02, 2012 has appointed Mr. S. (Sam) Santhosh as an Additional Independent Director of the company. Date: 2012-05-03 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended March 31,2012. Date: 2012-05-03 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Financial Results & a copy of the Limited Review Report for the period ended Mar 31, 2012. Date: 2012-05-02 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 02, 2012 has appointed Mr. S. (Sam) Santhosh as an Additional Independent Director of the Company. Date: 2012-05-02 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange a copy of the proceeding of the Court Convened Meeting of the Equity Shareholders of the Company held on March 22, 2012. Date: 2012-03-23 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Court Convened Meeting of the Equity Shareholders of the Company held on March 22, 2012, has passed by the Hon'able High Court of judicature of Madras in the Company Application no. 159 for Scheme of Arrangement of Amalgamation between Accel Frontline Services Limited with Accel Frontline Limited. Date: 2012-03-23 |
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Source: BSE - Thiagarajar Rubbers Pvt Ltd has submitted the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE: Date: 2012-03-19 |
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Source: NSE - Accel Limited has submitted to the Exchange vide its letter dated March 06, 2012 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2012-03-09 |
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Source: BSE - Accel Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE Date: 2012-03-01 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that by an Order made on the 14 day of February 2012, the Hon'ble High Court at Madras, has directed that a meeting of the equity shareholders of the Applicant/Transferee Company shall be held on March 22nd, 2012 for the purpose of considering, and if thought fit, approving with or without modification, the scheme of amalgamation proposed to be made as embodied in the Scheme of Amalgamation between the aforesaid Applicant Company and Transferor Company (ACCEL FRONTLINE SERVICES LIMITED). Date: 2012-03-01 |
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Source: BSE - Accel Frontline Ltd has informed BSE that by an Order made on the February 14, 2012, the Hon'ble High Court at Madras, has directed that a meeting of the equity shareholders of the Accel Frontline Ltd (Applicant/Transferee Company) shall be held at 75, Nelson Manickam Road, Aminjikarai, Chennai - 600 029 on March 22, 2012 at 3 p.m. for the purpose of considering, and if thought fit, approving with or without modification, the scheme of amalgamation proposed to be made as embodied in the Scheme of Amalgamation between the aforesaid Applicant Company and Transferor Company (ACCEL FRONTLINE SERVICES LIMITED). Date: 2012-02-29 |
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Source: NSE - Accel Limited has submitted to the Exchange a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2012-02-28 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Board in its meeting held on February 01, 2012 has appointed Mr. Alok Sharma as an Additional Independent Director of the Company. Date: 2012-02-02 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange the Standalone and Consolidated Financial Results along with Limited Review Report for the period ended December 31,2011. Date: 2012-02-02 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board in its meeting held on February 01, 2012, has appointed Mr. Alok Sharma as an Additional Independent Director of the Company. Date: 2012-02-01 |
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Source: NSE - Rasoi Limited has submitted to the Exchange a copy of disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2012-01-17 |
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Source: NSE - Accel Limited has submitted to the Exchange a copy of Disclosure under Regulation 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2012-01-13 |
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Source: BSE - Rasoi Ltd has submitted the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE. Date: 2012-01-12 |
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Source: BSE - Easyaccess Financial Services Ltd has submitted the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE. Date: 2012-01-12 |
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Source: NSE - Easyaccess Financial Services Limited has submitted to the Exchange a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2012-01-10 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2012-01-10 |
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Source: BSE - Accel Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE
Name of the Target Company (TC) : Accel Frontline Ltd
Name of the Promoter(s) on whose shares encumbrance was created/ invoked/ released : Accel Ltd
Date of reporting : January 06, 2012
Names of the stock exchanges where the shares of the target company are listed : NSE & BSE
Details of the promoters’ holding
1.Promoter (s) or PACs with him : Accel Ltd
Pre-event holding
Number : 78,23,666( Includes 32,62,500 (14.49%) shares encumbered)
% of total share capital : 34.76%
Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Release
Date (s) : January 06, 2012
Post event holding (encumbered shares to be excluded)
Number : 45,61,166
% of total share capital : 20.26%
(*) Details of encumbrance (pledge/lien or others)
The pledge of 32,87,390 shares created in favour of EasyAccess Financial Services Ltd on August 01, 2011 has been released on January 06, 2012, having the company settled the loan with EasyAccess Financial Services Ltd.
Date: 2012-01-09 |
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Source: BSE - Accel Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE
Name of the Target Company (TC) : Accel Frontline Ltd
Name of the Promoter(s) on whose shares encumbrance was created/ invoked/ released : Accel Ltd
Date of reporting : December 23, 2011
Names of the stock exchanges where the shares of the target company are listed : NSE & BSE
Details of the promoters’ holding
1.Promoter (s) or PACs with him : Accel Ltd
Pre-event holding
Number : 78,23,666( Includes 48,75,390 (21.66%) shares encumbered)
% of total share capital : 34.76%
Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Creation
Date (s) : December 22, 2011
Post event holding (encumbered shares to be excluded)
Number : 28,36,276
% of total share capital : 12.60%
(*) Details of encumbrance (pledge/lien or others)
Creation of pledge of 1,12,000 shares in favour of Cholamandalam DBS Financial Services Ltd towards additional securities for the loan availed for its operations.
2.Promoter (s) or PACs with him : Accel Ltd
Pre-event holding
Number : 78,23,666 ( Includes 49,87,390 (22.16%) shares encumbered)
% of total share capital : 34.76%
Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Creation
Date (s) : December 23, 2011
Post event holding (encumbered shares to be excluded)
Number : 12,73,776
% of total share capital : 5.66%
(*) Details of encumbrance (pledge/lien or others)
Creation of pledge of 15,62,500 shares in favour of Rasoi Limited towards raising of loan. Date: 2011-12-30 |
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Source: NSE - Accel Limited has submitted to the Exchange a copy of Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Date: 2011-12-27 |
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Source: BSE - Cholamandalam Investment & Finance Company Ltd has submitted the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE. Date: 2011-12-26 |
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Source: NSE - Cholamandalam Investment and Finance Company Limited has submitted to the Exchange a copy of disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Date: 2011-12-26 |
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Source: BSE - Cholamandalam Investment and Finance Company Ltd has submitted the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE: Date: 2011-12-23 |
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Source: NSE - Accel Frontline Limited has informed the Exchange vide its letter dated November 10, 2011 that "With an objective to create a significant presence in IT service space using synergies of the companies, the board of directors approved the merger of Accel Frontline Services Limited (AFSL) with the company (AFL)." Date: 2011-11-11 |
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Source: BSE - Accel Frontline Ltd (AFL) has informed BSE as under :
"With an objective to create a significant presence in IT service space using synergies of the companies, the board of directors approved the merger of Accel Frontline Services Limited (AFSL) with the company (AFL).
AFSL is in the business for more than 18 years. The company offers Warranty Management Solutions for IT Products and mobile devices; Manufacturing, selling and servicing of High end Automation products, Payment Collection Solutions, Multi-Function Kiosks and Power Conditioning Systems.
The details on the pricing and the rationale of this merger would be available in the scheme of arrangement.
Further, the merger is subject to necessary approvals by the shareholders of both companies and other statutory authorities.
The board also decided to acquire 100% stake in Accel IT Resources Limited (AITRL).
AITRL is in the business of training for the past 18 years. The company offers training in IT Infrastructure management, Embedded systems and Networking.
AFSL and AITRL are wholly owned subsidiaries of Accel Limited. Accel Limited, established in 1991, is the main promoter and the major shareholder of AFL.
The valuation exercise comprising swap ratio for the merger of AFSL with AFL and valuation of the shares for acquisition of AITRL was carried out by "M/s. KPMG India Private Limited". Date: 2011-11-11 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended September 30,2011. Date: 2011-11-11 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a Press Release dated November 10, 2011, titled "Accel Frontline posts Revenue growth of 40% in Q2 FY 12". Date: 2011-11-11 |
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Source: BSE - Accel Frontline Ltd has informed BSE regarding a Press Release dated November 10, 2011 titled, "Accel Frontline posts Revenue growth of 40% in Q2 FY12". Date: 2011-11-10 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Financial Results for the period ended September 30, 2011. Date: 2011-11-10 |
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Source: NSE - Accel Frontline Limited had informed the Exchange regarding re-constitution of various committees of the Board of Directors of the Company - Audit Compmmittee Composition. The Company has now informed the Exchange that it was mentioned Mr. A P Parigi as the Chairman of the Audit committee with Mr. Suresh K Sharma and Mr. Steve Ting Tuan Toon as the members, which was typographical error. The Chairman of the Audit Committee is Mr. Suresh K Sharma and Mr A P Parigi and Mr. Steve Ting Tuan Toon are the members. Date: 2011-11-03 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a Press Release dated November 02, 2011, titled "Accel Frontline commissions new delivery center in Chennai for Remote IT Infrastructure Management (RIM) and Managed services"
Date: 2011-11-02 |
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Source: BSE - Accel Frontline Ltd has informed BSE regarding a Press Release dated November 02, 2011, titled "Accel Frontline commissions new delivery center in Chennai for Remote IT Infrastructure Management (RIM) and Managed services" Date: 2011-11-02 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange a copy of the Proceedings of Annual General Meeting of the company held on September 29, 2011. Date: 2011-10-28 |
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Source: BSE - Accel Frontline Ltd has submitted to BSE a copy of the proceedings of the 16th Annual General Meeting (AGM) of the Company held on September 29, 2011. Date: 2011-10-28 |
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Source: BSE - Accel Frontline Ltd has submitted the revised disclosure under Regulation 8A(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : October 01, 2011
Name of the Company : Accel Frontline Ltd
Total no of outstanding shares of the Company : 22509000
Name of the Entity: Accel Ltd
Details of Transaction
Date of Transaction : September 30, 2011
Number of Shares Pledged : 500000
Aggregate details after the transaction
Total no of shares held by the entity in the company: 7823666
Total No of shares pledged : 4875390
% of total shares pledged to total no of shares held by the entity in the Company : 62.32%
% of shares pledged to total no of outstanding shares of the Company : 21.66% Date: 2011-10-03 |
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Source: BSE - Accel Frontline Ltd has informed BSE that consequent to change in Directorships, the Board in its meeting held on September 29, 2011, have re-constituted the various committees. Date: 2011-10-03 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that consequent to change in Directorships, the Board in its meeting held on September 29, 2011 have re-constituted the various committees. Date: 2011-09-30 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding the Notice about the Change in Directorships of the Company in the Board Meeting held on September 29, 2011.
Date: 2011-09-30 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on September 29, 2011, has discussed various strategies, both organic and inorganic for the accelerated growth of the Company. As a first step, the Company considered consolidation of two of its group companies namely Accel Frontline Services Ltd. and Accel IT Resources Ltd. which are into IT Services that are complimentary to the existing line of business of the Company through a merger process. However, the board decided to appoint one of the top 3 global accounting firms to advise them on valuations and all other related subjects. The Board also considered inorganic growth options and decided to look for acquisition of companies which are in IT services space and will offer the Company an expanded geographical footprint besides roping in large customers into the fold. Date: 2011-09-30 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 29, 2011, has discussed various strategies, both organic and inorganic for the accelerated growth of the Company. As a first step, the Company considered consolidation of two of its group companies namely Accel Frontline Services Ltd. and Accel IT Resources Ltd. which are into IT Services that are complimentary to the existing line of business of the Company through a merger process.
However, the board decided to appoint one of the top 3 global accounting firms to advise them on valuations and all other related subjects.
The Board also considered inorganic growth options and decided to look for acquisition of companies which are in IT services space and will offer the Company an expanded geographical footprint besides roping in large customers into the fold. Date: 2011-09-30 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 29, 2011, has noted the following change in directorships:
1. Mrs. Lakshmi G Menon, a retiring Director at the Annual General Meeting, who did not seek re-election, is not reappointed and hence ceases to be Director of the Company with the conclusion of the Annual General Meeting held on September 29, 2011.
2. Dr. Harrison Wang Hong She, a retiring Director at the Annual General Meeting, who did not seek re-election, is not reappointed and hence ceases to be Director of the Company with the conclusion of the Annual General Meeting held on September 29, 2011.
3. Mr. R.Sinnakaruppan, a retiring Director at the Annual General Meeting, who did not seek re-election, is not reappointed and hence ceases to be Director of the Company with the conclusion of the Annual General Meeting held on September 29, 2011.
4. Mr. A. P. Parigi co-opted as an Additional Director of the Company in its Board Meeting held on September 29, 2011. Date: 2011-09-30 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the 16th Annual General Meeting (AGM) of the Company was held on September 29, 2011. Date: 2011-09-30 |
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Source: BSE - Accel Frontline Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 29, 2011, inter alia, to consider re-organizing the Company's operations and discuss future plans. Date: 2011-09-22 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE: Date: 2011-09-12 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 23, 2011 to September 29, 2011 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on September 29, 2011. Date: 2011-09-09 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange a copy of Disclosure under Reg 13 (6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992. Date: 2011-09-09 |
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Source: NSE - Accel Systems Group, Inc has submitted to the Exchange a copy of disclosure under Regulation 7(1A) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and disclosure under Regulation 13(4A) of SEBI (Prohibition of Insider Trading) Regulations, 1992. Date: 2011-09-09 |
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Source: BSE - Accel Systems Group Inc., has submitted the disclosure under Regulation 13(4) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE Date: 2011-09-08 |
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Source: BSE - Accel Systems Group Inc USA has submitted the disclosure under Regulation 7(1A) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE: Date: 2011-09-08 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE: Date: 2011-09-08 |
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Source: BSE - With reference to the earlier announcement dated July 27, 2011 regarding the Annual General Meeting of the company will be held on September 27, 2011, Accel Frontline Ltd has now informed BSE that due to some unavoidable reasons, the Annual General Meeting has been postponed and shall now be held on September 29, 2011.
The dividend on equity shares, if declared at the ensuing Annual General Meeting will be credited / dispatched on or before October 28, 2011. Date: 2011-08-16 |
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Source: BSE - With reference to the earlier announcement dated August 10, 2011, regarding Accel Frontline to acquire Ushus Technologies, Accel Frontline Ltd has now informed BSE that there was typographical error in the press release submitted, wherein it was mentioned as "Accel Frontline Ltd's consolidated revenues for FY 12 instead of FY 11".
Therefore, the error has been rectified and issued Revised Press Release. Date: 2011-08-11 |
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Source: BSE - Accel Frontline Ltd has informed BSE regarding a Press Release titled " Accel Frontline Ltd to acquire Ushus Technologies". Date: 2011-08-10 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a press release dated August 09, 2011, titled "Accel Frontline Limited to Acquire Ushus Technologies". Date: 2011-08-10 |
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Source: NSE - Accel Frontline Limited has submitted the Exchange a copy of Diclosure under Regulation 13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992. Date: 2011-08-09 |
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Source: BSE - Accel Frontline Services Ltd has submitted the disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE Date: 2011-08-09 |
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Source: BSE - Accel Ltd has submitted the disclosure under Regulation 7(1) & 7(1A) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE: Date: 2011-08-09 |
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Source: BSE - Accel Systems Group Inc., has submitted the disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE Date: 2011-08-09 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that consequent to the inter se transfer of shares between the promoter shareholders, BT Frontline Pte Limited is no longer a shareholder in the Company. This has resulted in certain changes in the directorships on the company's Board. (1) Mr. Sudhir Narang, a Non-Executie Director of the Company representing BT Frontline Pte Limited ceases to be a Director on the Board with effect from the closing hours of August 05, 2011. (2) Mr. Steve Ting Tuan Toon, a Non-Executive Director of the Company formerly representing BT Frontline Pte Limited continues on the Company's Board as an Independent director with effect from the closing hours of August 05, 2011. Date: 2011-08-09 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange a copy of Disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. Date: 2011-08-08 |
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Source: BSE - Accel Frontline Ltd has informed BSE that consequent to the inter se transfer of shares between the promoter shareholders, BT Frontline Re Limited is no longer a shareholder in the Company. This has resulted in certain changes in the directorships on the Company's Board.
1. Mr. Sudhir Narang, a Nor-Executive Director of the Company representing BT Frontline Pte Ltd. ceases to be a Director on the Board with effect from the closing hours of August 05, 2011.
2. Mr. Steve Ting Tuan Toon, a Non-Executive Director of the Company formerly representing BT Frontline Pte Ltd. continues on the Company's Board as an independent director with effect from the closing hours of August 05, 2011. Date: 2011-08-08 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Company has entered into an Memorandum Of Understanding (MOU) with Accel Transmatic Limited (ATL) to acquire their software Services Division known as "USHUS Technologies". This acquisition is subject to the approval of the shareholders of Accel Transmatic Limited (ATL). Date: 2011-08-08 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE: Date: 2011-08-08 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE: Date: 2011-08-08 |
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Source: BSE - BT Frontline Pte Ltd has submitted the disclosure under Regulation 7(1A) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE: Date: 2011-08-08 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Company has entered into a Memorandum Of Understanding (MOU) with Accel Transmatic Limited (ATL) to acquire their software Services Division known as "USHUS Technologies". This acquisition is subject to the approval of the shareholders of Accel Transmatic Limited (ATL). Date: 2011-08-08 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE: Date: 2011-08-05 |
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Source: BSE - Accel Frontline Ltd has submitted the revised disclosure under Regulation 8A of SEBI (Substantial Acquisition of
Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : August 01, 2011
Name of the Company : Accel Frontline Ltd
Total no of outstanding shares of the Company : 22509000
Name of the Entity: Accel Ltd
Details of Transaction
Date of Transaction : August 01, 2011
Number of Shares Pledged : 3287390
Aggregate details after the transaction
Total no of shares held by the entity in the company: 4375390
Total No of shares pledged : 4375390
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 19.44% Date: 2011-08-04 |
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Source: BSE - Easyaccess Financial Services Ltd has submitted the disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares & Takeovers), Regulations, 1997 to BSE Date: 2011-08-03 |
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Source: NSE - Accel Limited (Acquirer), Accel Frontline Services Limited (PAC) and Accel Systems Group Inc. (PAC) has submitted the Exchange a copy of disclosure under Regulation 3(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. Date: 2011-07-29 |
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Source: BSE - Accel Frontline Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 03, 2011, inter alia, for to review and discuss the notice given to stock exchanges under regulation 3(3) of the SEBI (Substantial Acquisition of Shares And Takeover) Regulations, 1997 by the Promoter Shareholders. Date: 2011-07-28 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the dividend on equity shares, if declared at the ensuing Annual General Meeting will be credited / dispatched on or before October 25, 2011. Date: 2011-07-28 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a press release dated July 27, 2011, titled "Accel Frontline Limited posts 36% revenue growth in Q1FY12". Date: 2011-07-28 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended June 30,2011. Date: 2011-07-28 |
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Source: BSE - Accel Frontline Ltd has informed BSE regarding a Press Release dated July 27, 2011, titled "Accel Frontline Limited posts 36% revenue growth in Q1FY12" Date: 2011-07-27 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 27, 2011, inter alia, has recommended a dividend of 20% (Rs. 2/- per equity share of Rs. 10 Each) on the equity shares of the Company for the year ended March 31, 2011, subject to the approval of shareholders in the Annual General Meeting which is scheduled to be held on September 27, 2011. Date: 2011-07-27 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Audited Financial Results for the period ended March 31, 2011 & the Financial Results for the period ended June 30, 2011. Date: 2011-07-27 |
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Source: BSE - Accel Ltd has submitted the disclosure under Regulation 3(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE: Date: 2011-07-27 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange a copy of the Circular / Communication dispatched to the Shareholders of the Company regarding Company''s decision to implement the ''Green Initiative in the Corporate Governance'' notified by Ministry of Corporate Affairs (MCA) vide Circular dated April 21, 2011 and Circular dated April 29, 2011. Date: 2011-07-22 |
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Source: BSE - Accel Frontline Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 27, 2011, inter alia, to consider Audited financial results for the year ended March 31, 2011 and Unaudited financial results for the quarter ended June 30, 2011 and also considering the recommendation of Dividend on the equity shares for the year ended March 31, 2011. Date: 2011-07-21 |
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Source: BSE - Accel Frontline Ltd has submitted the revised disclosure under Regulation 8A of SEBI (Substantial Acquisition of
Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : July 11, 2011
Name of the Company : Accel Frontline Ltd
Total no of outstanding shares of the Company : 22509000
Name of the Entity: Accel Ltd
Details of Transaction
Date of Transaction : June 29, 2011
Number of Shares Revoked : 10000
Aggregate details after the transaction
Total no of shares held by the entity in the company: 4375390
Total No of shares pledged : 1088000
% of total shares pledged to total no of shares held by the entity in the Company : 24.87%
% of shares pledged to total no of outstanding shares of the Company : 4.83% Date: 2011-07-11 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a press release dated April 16, 2011, titled "Accel Frontline Limited posts 99% revenue growth in Q4FY11". Date: 2011-04-18 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended March 31,2011. Date: 2011-04-16 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Financial Results for the Quarter & Year ended March 31, 2011. Date: 2011-04-15 |
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Source: BSE - Accel Frontline Ltd has submitted the revised disclosure under Regulation 8A of SEBI (Substantial Acquisition of
Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : March 01, 2011
Name of the Company : Accel Frontline Ltd
Total no of outstanding shares of the Company : 22509000
Name of the Entity: Accel Ltd
Details of Transaction
Date of Transaction : February 28, 2011
Number of Shares Pledged : 200000
Aggregate details after the transaction
Total no of shares held by the entity in the company: 4375390
Total No of shares pledged : 1098000
% of total shares pledged to total no of shares held by the entity in the Company : 25.09%
% of shares pledged to total no of outstanding shares of the Company : 4.88% Date: 2011-03-03 |
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Source: BSE - With reference to earlier disclosure dated March 01, 2011 Accel Frontline Ltd has submitted the revised disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : February 24, 2011
Name of the Company : Accel Frontline Ltd
Total no of outstanding shares of the Company : 22509000
Name of the Entity: Accel Ltd
Details of Transaction
Date of Transaction : February 17, 2011
Number of Shares Revoked : 640000
Aggregate details after the transaction
Total no of shares held by the entity in the company: 4375390
Total No of shares pledged : 898000
% of total shares pledged to total no of shares held by the entity in the Company : 20.52%
% of shares pledged to total no of outstanding shares of the Company : 3.99% Date: 2011-03-01 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE Date: 2011-03-01 |
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Source: BSE - Accel Frontline Ltd has informed BSE regarding a Press Release dated January 25, 2011 titled "Accel Frontline posts Revenue growth of 36% for Q3" Date: 2011-01-25 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a press release dated January 25, 2011, titled "Accel Frontline posts Revenue growth of 36% for Q3". Date: 2011-01-25 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended December 31,2010. Date: 2011-01-25 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010. Date: 2011-01-25 |
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Source: BSE - N R Panicker has submitted the disclosure under Regulation 13(4) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE Date: 2010-11-18 |
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Source: BSE - Accel Frontline Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE: Date: 2010-11-08 |
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Source: BSE - Accel Frontline Ltd has submitted to BSE a copy of the proceedings of the 15th Annual General Meeting (AGM) of the Company held on September 22, 2010. Date: 2010-10-26 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2010. Date: 2010-10-26 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange a copy of the Minutes of the Annual General Meeting of the shareholders of the Company held on September 22, 2010. Date: 2010-10-25 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding the Outcome of the Annual General Meeting of the Company held on September 22, 2010. Date: 2010-09-23 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the members at the 15th Annual General Meeting (AGM) of the Company held on September 22, 2010, inter alia, have approved the following:
1. Resolution for adoption of Audited Balance Sheet as at March 31, 2010 and Profit & Loss Accounts for the year ended March 31, 2010 together with the Directors'' Report and the Auditors Report thereon.
2. Confirmation of the Interim Dividend paid for the year ended March 31, 2010.
3. Re-appointment of Mr. Sudhir Narang, Mr. Suresh K Sharma & Mr. Steve Tine Than as Directors of the company. liable to retire by rotation.
4. Reappointment of M/s. K S Aiyar & Co., Chartered Accountants as statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting.
5. Reappointment of Mr. K R Chandrasekaran as Whole time Director of the Company.
6. Reappointment of Mr. N R Panicker, Managing Director of the Company.
7. Application to Central Government to pay remuneration to Managing Director for the year ended March 31, 2010 as minimum remuneration.
8. Payment of commission to the Non-Executive Directors of the Company. Date: 2010-09-23 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 15, 2010 to September 22, 2010 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on September 22, 2010. Date: 2010-07-28 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Annual General Meeting of the Company will be held on September 22, 2010. Further the Share Transfer Books and Register of Members will be closed from September 15, 2010 to September 22, 2010 (both days inclusive) in connection with the Annual General Meeting of the Company. Date: 2010-07-26 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Audited Financial Results for the Year ended March 31, 2010 & about the Financial Results for the Quarter ended June 30, 2010. Date: 2010-07-22 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Financial Results for the Quarter & Year ended March 31, 2010. Date: 2010-04-29 |
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Source: BSE - Accel Frontline Ltd has informed BSE that March 22, 2010 has been fixed as the Record Date for the purpose of payment of interim dividend. Date: 2010-03-11 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 10, 2010, have declared an interim dividend of 15% (Rs. 1.50/- per Equity share) out of the profits of the Company for the financial year ended March 31, 2010 to all the shareholders. Date: 2010-03-10 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on March 10, 2010, has fixed March 22, 2010 as the Record date for ascertaining the members who are entitled to receive the dividend. Date: 2010-03-10 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on March 10, 2010 have declared an interim dividend of 15% (Rs. 1.50/- per Equity Share) out of the profits of the Company for the financial year ended March 31, 2010 to all the shareholders. Date: 2010-03-10 |
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Source: BSE - Accel Frontline Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on MArch 10, 2010, inter alia, to consider declaration of interim dividend for the financial year ended March 31, 2010. Date: 2010-03-03 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that " As required by the Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Amendment Regulations, 2009 dated 28.01.2009, in respect of pledge of shares by the Promoters, the Company has received an intimation from one of its Promoters, namely, Accel Limited under the Regulations 8A(2) of SEBI (SAST) Regulations, 2009 about pledge of 545,500 shares towards security for raising a loan for its operations." Date: 2010-02-04 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2009. Date: 2010-01-29 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange a copy of the proceeding of the Annual General Meeting of the shareholders of the Company held on September 29, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2009-11-06 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the 14th Annual General Meeting (AGM) of the Company was held on September 29, 2009. Date: 2009-11-04 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2009. Date: 2009-10-27 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Annual General Meeting of the Company will be held on September 29, 2009. The Share Transfer Books and Register of Members will be closed from September 25, 2009 to September 29, 2009 (both days inclusive) in connection with the Annual General Meeting of the company. Date: 2009-08-07 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 25, 2009 to September 29, 2009 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on September 29, 2009. Date: 2009-08-06 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the financial results for the Quarter ended June 30, 2009. Date: 2009-07-29 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the unaudited Standalone & Consolidated financial results for the Quarter & Year ended March 31, 2009. Date: 2009-04-30 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange a copy of the disclosure under Regulation 8A(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, as on March 31, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2009-04-09 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the unaudited Standalone & Consolidated financial results for the Quarter ended December 31, 2008. Date: 2009-01-31 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that in respect of Passing of Resolution by way of postal ballot for the following (1) To transfer its Warranty Management Services Division (WMS Division) to its wholly owned subsidiary Accel Frontline Services Private Limited (AFSPL) by way of a slump sale. (2) To sell its wholly owned subsidiary Accel Frontline Services Private Limited (AFSPL) as a Management Buy Out (MBO) to the management Team of WMS Business and Accel Limited. Company have now completed the postal ballot process and the Scrutinizer has given his report. The Board of Directors at its meeting held on January 30, 2009 considered the Scrutinizer''s Report dated January 27, 2009 and declared the results of the Postal Ballot. A copy of Scrutinizer report and results of the postal ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2009-01-31 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the members of the Company, by way of Postal ballot, have approved the following Ordinary Resolutions, with requisite majority :
1. To transfer its Warranty Management Services Division (WMS Division) to its wholly owned subsidiary Accel Frontline Services Pvt Ltd (AFSPL) by way of a slump sale.
2. to sell its wholly owned subsidiary Accel Frontline Services Pvt Ltd (AFSPL) as a Management Buy Out (MBO) to the management Team of WMS Business and Accel Ltd. Date: 2009-01-30 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the members of the Company, by way of Postal Balloy, will consider the following Resolutions :
1. Authority to the Board of Directors of the Company ("Board"), to transfer the Company''s Warranty Management Services Division (WMS Division) along with all the employees; assets and liabilities including all the contracts, consents, goodwill etc specifically related to the WMS Division, as a "going concern" and by way of a slump sale to its wholly owned subsidiary Accel Frontline Services Private Ltd (AFSPL) for a consideration of Rs 96.30 million, (subject to Adjustment Values arising out of the transactions between the Company''s corporate division and the business between the valuation date and actual date of transfer) arrived at based on the valuation by the two independent valuers appointed for this purpose and with effect from such date as the Board of Directors of the Company may think fit, subject to necessary provisions and approvals.
2. Authority to the Board of Directors of the Company ("Board") to sell its wholly owned subsidiary Accel Frontline Services Pvt Ltd (AFSPL) to the Management Team of WMS division and Accel Ltd for a consideration of Rs 105.03 million, arrived at based on the valuation by the two independent valuers appointed for this purpose, with effec from such date as the Board of Directors of the company may think fit, subject to necessary provisions and approvals. Date: 2008-12-29 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that "In terms of Sections 293(1)(a) and 192A of the Companies Act 1956 read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001, sale, lease or otherwise disposal of the whole or substantially the whole of the undertaking of the company or where the company owns more than one undertaking, of the whole or substantially the whole of any such undertaking requires the approval of the shareholders by way of an Ordinary Resolution/s through Postal Ballot. (1) Ordinary Resolution under section 293(1)(a) of the Companies Act, 1956 in relation to the transfer of WMS division to its wholly owned subsidiary (AFSPL). (2) Ordinary Resolution under section 293(1)(a) of the Companies Act, 1956 in relation to sale of its wholly owned subsidiary (AFSPL) to the management Team of WMS Business and Accel Limited. The Board of Directors has appointed Mr. AR. Ramanathan, Advocate as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed and signed form should reach the Scrutinizer on or before the close of working hours on January 24, 2009. The Scrutinizer will submit his report to the Chairman and Managing Director of the Company after completion of the scrutiny of the Postal Ballot. The results will be announced by the Chairman and Managing Director or any Director of the Company on January 30, 2009. A copy of the Postal Ballot notice shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2008-12-26 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on December 04, 2008, discussed the operations of warranty management services division and its alignment with the Company''s core business of IT infrastructure management based on a report submitted by the Committee of independent and non-executive Directors constituted by the Board. Based on the discussions, the Board has decided the following : (1) To hive off its Warranty Management Services Division and merge it with its wholly owned subsidiary company Accel Frontline Services Private Limited (AFSPL). (2) To sell AFSPL as Management buy out MBO to the Management Team of WMS division and Accel Limited, one of the Promoter shareholders for values as determined by independent valuers appointed by the Independent Committee of Board of Directors. (3) Appropriate consent will be obtained from the shareholders. Date: 2008-12-04 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 04, 2008, inter alia, has discussed the operations of warranty management services division and its alignment with the Company''s core business of IT Infrastructure management based on a report submitted by the committee of independent and non executive directors constituted by the Board. Based on the discussions, the Board has decided the following:
1. To hive off its Warranty Management Services Division and merge it with its wholly owned subsidiary Company Accel Frontline Services Pvt. Ltd (AFSPL).
2. To sell AFSPL as Management buy Out MBO) to the Management Team of WMS division and Accel Ltd, one of the promoter shareholders for values as determined by independent values appointed by the Independent Committee of Board of Directors.
3. Appropriate consent will be obtained from the shareholders. Date: 2008-12-04 |
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Source: BSE - Accel Frontline Ltd has informed BSE that November 19, 2008 has been fixed as the Record Date for the purpose of payment of interim dividend. Date: 2008-11-01 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 29, 2008, inter alia, has declared an interim dividend of 10% (Re 1/- per Equity share) out of the profits of the Company for the financial year 2008-2009. Date: 2008-10-30 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a press release dated October 29, 2008, titled "Q2 revenue grew by 32.80% year-on-year to Rs.80.21 Cr.". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2008-10-30 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on October 29, 2008 have declared an interim dividend of 10% (Re 1/- per Equity share) out of the profits of the Company for the financial year 2008-2009 to all the shareholders whose name appear in the Register of Members as on the Record Date. The Board has also fixed November 19, 2008 as the Record Date for ascertaining the members who are entitled to receive the dividend. Date: 2008-10-30 |
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Source: BSE - Accel Frontline Ltd has informed BSE regarding a Press Release dated October 29, 2008 titled "Q2 revenue grew by 32.80% year-on-year to Rs 80.21 Cr" Date: 2008-10-30 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the Standalone & Consolidated unaudited financial results for the Quarter ended Sep 30, 2008. Date: 2008-10-30 |
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Source: BSE - Accel Frontline Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 29, 2008, inter alia, to consider declaration of interim dividend for the financial year 2008-2009 and Unaudited Financial Results (Provisional) for the quarter ended September 30, 2008. Date: 2008-10-21 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 24, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2008-09-26 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 24, 2008. Date: 2008-09-26 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 17, 2008 to September 24, 2008 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on September 24, 2008. Date: 2008-08-21 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Annual General Meeting of the Company will be held on September 24, 2008. The Share Transfer Books and Register of Members will be closed from September 17, 2008 to September 24, 2008 (both days inclusive). Date: 2008-08-20 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Company has entered into a Share Purchase Agreement dated May 22, 2008 for the purchase of the entire Subscribed and Paid-up Share Capital of XLNC Infotech Solutions Pvt Ltd, Bangalore. Date: 2008-05-22 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that: "The Company has entered into a Share Purchase Agreement dated 22nd May 2008 for the purchase of the entire Subscribed and Paid-up Share Capital of XLNC Infotech Solutions Private Limited, Bangalore". Further, the Company has submitted to the Exchange a copy of a brief write-up on the above. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporate > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2008-05-22 |
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Source: BSE - Accel Frontline Ltd has informed BSE that June 02, 2008 has been fixed as the Record Date for the purpose of payment of interim dividend. Date: 2008-05-14 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 12, 2008, inter alia, has declared an interim dividend of 15% (Rs 1.50/- per Equity share) out of the profits of the Company for the financial year ended March 31, 2008 to all the shareholders. Date: 2008-05-12 |
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Source: BSE - Accel Frontline Ltd has informed BSE that Mr. Lim Chin Hu Non-Executive Director, has resigned from the Board of Director of the Company with effect from May 12, 2008. Date: 2008-05-12 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that : "Mr. Lim Chin Hu Non-Executive Director, has resigned from the Board of the Company with effect from 12th May ,2008". Date: 2008-05-12 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that: "The Board of Directors of the Company at its meeting held on May 12, 2008 have declared an interim dividend of 15% (Rs.1.50/- per Equity share) out of the profits of the Company for the financial year ended March 31, 2008 to all the shareholders. The Board has also fixed, June 02, 2008 as the Record date for ascertaining the members who are entitled to receive the dividend". Date: 2008-05-12 |
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Source: NSE - Accel Frontline Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter/year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on April 29, 2008) that: "The status and utilisation of IPO proceeds upto April 29, 2008 are as under: - Out of the IPO proceeds of Rs. 3881.75 lacs, the company has so far utilised Rs. 3081.75 lacs towards the stated objects in the prospectus and the balance funds are invested with the companies bankers". Date: 2008-05-06 |
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Source: BSE - Accel Frontline Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 12, 2008, inter alia, to consider, the declaration of interim dividend for the financial year ended March 31, 2008. Date: 2008-05-02 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that in the Board Meeting held on April 29, 2008, Mr. Sudhir Narang has been co-opted as an Additional Director of the Company with effect from April 29, 2008. Mr. Sudhir Narang is the Managing Director of BT (India) Private Limited. Date: 2008-05-02 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on April 29, 2008, Mr. Sudhir Narang has been co-opted as an Additional Director of the Company with effect from April 29, 2008. Date: 2008-04-30 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a press release dated April 29, 2008, titled "Accel Frontline Ltd. Q4 FY 2008 revenue increases by 91% to Rs. 96.41 Cr.". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2008-04-30 |
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Source: BSE - Accel Frontline Ltd has informed BSE that one of the Company''s major shareholder Frontline Technologies Corporation Ltd (FTC), Singapore, holding 51% shareholding in Accel
Frontline Ltd (AFL) has intimated that the name of their Company has been changed to BT Frontline Pte Ltd with effect from April 15, 2008.
Date: 2008-04-23 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that : "One of our major shareholder Frontline Technologies Corporation Limited (FTC), Singapore, holding 51% shareholding in Accel Frontline Limited (AFL) has intimated us that the name of their company has been changed to BT Frontline Pte Ltd with effect from 15/04/2008." Date: 2008-04-21 |
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Source: NSE - Accel Frontline Limited has informed the Exchange vide its letter dated March 25, 2008 that "BT Singapore Pte Limited (BT), announcing the completion of acquisition of 100% of the Equity Share Capital of Frontline Technologies Corporation Limited (FTC), Singapore. The new Company started its operation under the new brand name of BT Frontline. Consequent to the acquisition of additional 9% by FTC in Accel Frontline Limited (AFL) on March 18, 2008, AFL is now a 51% subsidiary of BT Frontline." Further the Company has submitted a copy of press release titled "BT Frontline deal completes". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2008-03-26 |
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Source: BSE - Accel Frontline Ltd has informed BSE about a Press Release by BT Singapore Pte Ltd (BT), announcing the completion of acquisition of 100% of the Equity Share Capital of Frontline Technologies Corporation Ltd (FTC), Singapore. The new Company started its operations under the new brand name of BT Frontline. Consequent to the acquisition of additional 9% by FTC in Accel Frontline Ltd (AFL) on March 18, 2008, AFL is now a 51% subsidiary of BT Frontline.
"BT on March 25, 2008 announced that the acquisition of Frontline Technologies Corporation Ltd. has successfully completed and the new Company will start operations immediately under the new brand-name of BT Frontline.
BT Frontline provides IT consulting, IT infrastructure services, systems integration and IT outsourcing to local, regional and multinational customers with a strong presence in the financial services, transportation, manufacturing, telecommunications, education, healthcare and public sectors. BT Frontline complements BT''s existing networked IT services and IT solutions capabilities as BT Frontline has an excellent reputation for delivery of complex solutions and network management services within the Asia Pacific region.
With BT Frontline as part of the BT Group, BT is enhancing its transformation into a customer driven, networked IT solutions provider that has the immediate ability to offer a full range of IT solutions across Asia Pacific and around the globe in the 170 countries in which BT operates.
In Asia Pacific BT will conduct business as usual under the BT brand-name. Frontline will operate alongside BT as BT Frontline. By using this co-branding approach BT Frontline will be able to maintain and leverage the regional brand equity and goodwill of the Frontline name.
BT Frontline''s wholly owned operations include undertakings in Singapore, Malaysia and Dalian, China and they will operate with immediate effect under the BT Frontline brand. BT Frontline also has additional significant subsidiaries and associate Companies which will continue operating under their existing brand names. These include:
- Accel Frontline (India) – a joint venture in which BT Frontline holds 51% and is listed on the Indian National Stock Exchange and the Bombay Stock Exchange; and
- MDCL Frontline based in Beijing in which BT Frontline holds a 47% stake;
- G-Able Co. Ltd an associated Company in Thailand
As part of its strategic partnerships with Sun Microsystems BT Frontline has also set up a number of joint venture Companies with Sun Microsystems in the Philippines, Indonesia, and Vietnam.
Allen Ma, president of BT Asia Pacific said, "The people of BT Frontline bring to BT a wealth of new skills and expertise, as well as the necessary scale to rapidly accelerate our business in Asia Pacific. Among the benefits that this combination of talents represents, BT is now able to offer an even stronger capability in IT security services, a more advanced regional infrastructure services capability, greater opportunities for outsourcing and professional services, and an applications development capability with a track record in developing innovative solutions. The BT Frontline business dovetails well with BT Asia Pacific’s offering, through a highly reputable brand, a strong and diverse regional customer base, and a clear and unwavering focus on customers." Ma continued, "For our MNC customers operating in the region and for regional companies expanding globally, our accelerated move into the IT solutions space will provide a single supplier relationship with a broad portfolio of managed network and IT services in China, India and SE Asia."
Steve Ting, Chairman of BT Frontline said, "Since founding Frontline in 1993, we have come a long way. As a part of such a successful leading global company, we are now in a position to leverage BT’s portfolio of global networked IT services and deliver our regional solutions offering to a global audience. We see this as a real advantage for both companies’ customers as BT Frontline will bring to BT new major contracts in Asia Pacific and BT will be in a position to offer BT Frontline customers the full suite of BT services.”
BT Frontline brings to BT Asia Pacific approximately 5,000 highly skilled and professional people whose reputation for delivering complex solutions and network management services perfectly complements BT’s strategy. Including BT Frontline’s operations, BT Asia Pacific will now have over 27,000 employees, directly employed or working in joint ventures, in the region. This acquisition significantly increases BT’s talent pool at an important time when BT has strong growth ambitions for the Asia Pacific region. BT has heavily invested in the region over the last three years and expects to continue to grow its operations and better serve customers.
BT announced that it had agreed to acquire Frontline for approximately S$202 million on December 05, 2007. All conditions to the acquisition having been satisfied, the transaction had now been completed."
Date: 2008-03-25 |
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Source: NSE - Accel Frontline Limited had informed the Exchange that one of the promoters and major shareholder, M/s. Frontline Technologies Corporation Limited (FTC) has entered into an agreement with BT Singapore Pte Limited (BT) for BT to acquire the entire share capital of FTC. The Company has now informed the Exchange that the proposed Acquisition of entire equity capital of FTC by BT under a Scheme of Arrangement ("Scheme") has been approved and declared effective on March 11, 2008. Date: 2008-03-13 |
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Source: BSE - With reference to the earlier announcement dated December 05, 2007 regarding one of the Company''s promoters and major shareholder, M/s. Frontline Technologies Corporation Ltd (FTC) has entered into an agreement with BT Singapore Pte Ltd (BT) for BT to acquire the entire share capital of FTC, Accel Frontline Ltd has now informed BSE that the proposed Acquisition of entire equity capital of FTC by BT under a Scheme of Arrangement ("Scheme") has been approved and declared effective on March 11, 2008.
Date: 2008-03-13 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that M/s Frontline Technologies Corporation Limited propose to acquire 2025810 equity shares aggregating to 9% of the shares/voting rights of M/s Accel Frontline Limited from M/s Accel Limited. The mode of proposed acquisition is by way of Inter se transfer and the date of proposed acquisition is March 18, 2008. The proposed acquisition price is as per SEBI/RBI Regulations, but not exceeding Rs. 121 per share. The shareholding of M/s Frontline Technologies Corporation Limited after the proposed acquisition would be 11478488 shares aggregating to 51% of the shares/voting rights of M/s Accel Frontline Limited. Date: 2008-03-12 |
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Source: NSE - Accel Frontline Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2007 (taken on record by the Board of Directors of the Company at its meeting held on January 30, 2008) that: "The status and utilisation of IPO proceeds upto December 31, 2007 are as under: - Out of the IPO proceeds of Rs. 3881.75 lacs, the company has so far utilised Rs. 2858.68 lacs towards the stated objects in the prospectus and the balance funds are invested with the companies bankers". Date: 2008-02-04 |
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Source: BSE - Accel Frontline Ltd (AFL), on January 07, 2008 has announced that it has entered into a definitive agreement to acquire the business of Network Programs India Ltd - NPI, in India and Japan effective from January 01, 2008.
NPI, a ten-year-old software solutions and services company based in Noida, near New Delhi belonging to Jubilant Group, focuses exclusively on telecommunications and network solutions business. Its customers include two large corporations in Japan and one telecommunication service provider based in Australia. NPI has deep domain expertise in network management and OSS (operations systems and services) solutions for the telecom industry. It''s software IPRs include solutions for call center and for network management. This is a strategic acquisition for Accel Frontline. The telecommunication expertise of NPI will augment the capabilities of AFL''s Enterprise IT Services and help it in the fast growing telecom market place in India. The Japanese and Australian customer relationships will help AFL to get a foothold in these markets. The software product IPRs, particularly the network management solution will help AFL significantly expand its service offerings and provide the capability to offer fully integrated outsourced infrastructure services to its existing customer base as well as help in acquiring new customers.
N R Panicker, Chairman of the Company, talking about the acquisition said. "Over the past years, Accel has made strategic acquisitions to solidify its presence in the Indian market and provide an impetus for growth. The NPI acquisition will mark a new beginning - it will give us the core capability to significantly enhance our service offerings in the telecom vertical. In addition, it gives the critical customer base to build our expansion in the overseas market."
Date: 2008-01-07 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a press release dated January 07, 2008, titled "Accel Frontline Limited acquires, the Software business of Network Programs-a Noida based Telecom Software Company". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2008-01-07 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that "Ms. Sweena Nair has been appointed as Company Secretary with effect from 2nd January, 2008. Ms. Sweena Nair shall be the new Compliance Officer of the Company with effect from 2nd January 2008". Date: 2008-01-04 |
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Source: NSE - Accel Frontline Limited had informed the Exchange regarding a communication submitted by the major shareholder of the Company, M/s. Frontline Technologies Corporation (FTC), to Singapore Stock Exchange on December 05, 2007 regarding certain developments. The Company has now informed the Exchange that: "There has been an inadvertent error crept into the communication wherein it is mentioned as they have entered into a Sale and Purchase Agreement with Accel Frontline Limited which shall be read as Accel Limited and not Accel Frontline Limited, from whom they are planning to purchase 20,25,810 equity shares". Date: 2007-12-05 |
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Source: BSE - With reference to earlier announcement dated December 05, 2007 regarding communication received (in verbatim) from Company''s shareholder, M/s. Frontline Technologies Corporation Ltd, Accel Frontline Ltd has informed BSE that the Company now understand that there has been an inadvertent error crept into the communication wherein it is mentioned as they have entered into a sale and Purchase Agreement with "Accel Frontline Ltd" which shall be read as "Accel Ltd" and not "Accel Frontline Ltd", from whom they are planning to purchase 20,25,810 equity shares.
Date: 2007-12-05 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the communication submitted by its major shareholder, M/s Frontline Technologies Corporation (FTC) to Singapore Stock Exchange on December 05, 2007 regarding certain development, as follows :
PROPOSED ACQUISITION OF FRONTLINE TECHNOLOFIES CORPORATION LTD BY BT :
"BT and Frontline Technologies Corporation Ltd (Frontline), one of the leading providers of end-to-end information technology (IT) services within the Asia Pacific region, announced today that they have entered into an agreement for BT to acquire the entire issued share capital of Frontline (the "Acquisition") for approximately S$202 million. Frontline provides IT consulting, infrastructure services, systems integration and IT outsourcing to local, regional and multinational customers. The Company, which is listed on the main board of the Singapore Exchange, has operations in China, Hong Kong, India, Indonesia, Malaysia, Singapore, the Philippines, Taiwan and Thailand.
The Acquisition will be effected by way of a scheme of arrangement under the Singapore Companies Act and in accordance with the Singapore Code on Take-overs and Mergers (the "Share Scheme") On completion of the Share Scheme, all issued Frontline shares will be transferred to BT for cash consideration of S$0.245 for each Frontline share (the "Scheme Price"). The Scheme Price represents a 33.9% premium to 1-month average share price1. At the close of business on the day preceding the date Frontline''s shares were suspended from trading, Frontline''s market capitalisation was S$157 million. The completion of the Share Scheme is subject to the fulfillment of certain conditions precedent, including the approval of Frontline shareholders and the confirmation of the High Court of Singapore.
This news release should be read in conjunction with the full text of the joint announcement released by BT and Frontline dated December 05, 2007.
The Acquisition complements BT''s existing networked IT services capabilities within the Asia Pacific region. Frontline has an excellent reputation for the delivery of complex solutions and network management services to corporate customers with a strong presence in the financial services, transportation, manufacturing, telecommunications, education, healthcare and public sectors."
Date: 2007-12-05 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the communication submitted by its major shareholder, M/s Frontline Technologies Corporation (FTC) to Singapore Stock Exchange on December 05, 2007 regarding certain development, as follows :
Communication from Frontline Technologies Corporation Ltd :
"The Board of Directors of Frontline Technologies Corporation Ltd ("Company") wishes to announce that the Company has on December 05, 2007 entered into a conditional Sale and Purchase Agreement with Accel Frontline Ltd to purchase 2,025,810 equity shares ("Sale Shares"), representing 9% of the equity share capital of Accel Frontline Ltd ("Accel Frontline").
Following the completion of the acquisition Sale Shares, the shareholding of the
Company in the Company will increase from 42% to 51%. Completion of the proposed
acquisition is conditional inter alia on the scheme of arrangement as announced by the
Company on December 05, 2007 becoming effective.
The proposed acquisition will be funded by internal resources and is not expected to have any material financial impact on the Company for the financial year ending March 31, 2008. None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in the acquisition."
Date: 2007-12-05 |
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Source: NSE - Accel Frontline Limited has submitted to the Exchange copies of the communication submitted by the major shareholder of the Company, M/s. Frontline Technologies Corporation (FTC), to Singapore Stock Exchange on December 05, 2007 regarding certain developments. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2007-12-05 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that: "Mr. R Neelakantan, Company Secretary and Compliance Officer has resigned from the services of the Company. Mr. K.R.Chandrasekaran, Chief Financial Officer of the Company shall be the new Compliance Officer of the Company with effect from 1st December 2007. His contact details are as under: Email id: krc@accelfrontline.in. Telephone No. (044) 42252000". Date: 2007-12-03 |
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Source: NSE - Accel Frontline Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter and half year ended September 30, 2007 (taken on record by the Board of the directors of the Company at its meeting held on October 31, 2007) that: "The status and utilisation of IPO proceeds upto September 30, 2007 are as under: - Out of the IPO proceeds of Rs. 3881.75 lacs, the company has utilised Rs. 895 lacs on business acquisitions, Rs. 344.46 lacs towards expansion of Software and BPO. The balance of Rs. 1971 lacs after issue expenses is invested in deposits with banks/ mutual funds, is invested in fixed deposits/ mutual funds/ CC accounts with Scheduled banks". Date: 2007-11-07 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a press release dated October 31, 2007, titled "Accel Frontline Ltd. announces results for the quarter ending September 30, 2007". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) Date: 2007-11-01 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the annual general meeting of the Company will be held on September 06, 2007. Date: 2007-08-02 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Register of Members and Share Transfer books of the Company shall remain closed from September 04, 2007 to September 06, 2007 (both days inclusive) in connection with the Annual General Meeting of the Company. Date: 2007-07-31 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 04, 2007 to September 06, 2007 (both days inclusive) for the purpose of Annual General (AGM) of the Company.
Date: 2007-07-31 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that: "The status and utilisation of IPO proceeds upto June 30, 2007 are as under: - Out of the IPO proceeds of Rs. 3881.75 lacs, the company has utilised Rs. 895 lacs on business acquisitions, Rs. 344.46 lacs towards expansion of Software and BPO. The balance of Rs. 1971 lacs after issue expenses is invested in deposits with banks/ mutual funds". Date: 2007-07-26 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a press release dated July 26, 2007, titled "Q1 revenue grew by 29% year-on-year to Rs.55.41 crores; Profit after tax increased by 40% to Rs.3.04 crores". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2007-07-26 |
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Source: BSE - Accel Frontline Ltd has informed BSE that June 06, 2007 has been fixed as Record Date for the purpose of payment of interim dividend.
Date: 2007-05-16 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that: "The Board of Directors of the Company at their meeting held on May 14, 2007 has declared an interim dividend of 15% (Re.1.50/- per Equity share) out of the profits of the Company for the financial year ended 31st March 2007 to all the shareholders. The Board has also fixed Wednesday, the 6th June, 2007 as the Record date for ascertaining the members who are entitled to receive the dividend". Date: 2007-05-14 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 14, 2007, has declared an interim dividend of 15% (Rs 1.50/- per Equity Share) out of the profit of the Company for the financial year ended March 31, 2007 to all the shareholders.
Date: 2007-05-14 |
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Source: BSE - Accel Frontline Ltd has informed BSE about the details of the email id of the grievance redressal division / compliance officer exclusively for the purpose of registering complaints by investors.
Name of the Compliance Officer - R Neelakantan
Designation of the Compliance Officer - Company Secretary
E-mail ID - neel@accelfrontline.in
Date: 2007-05-10 |
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Source: BSE - Accel Frontline Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 14, 2007, inter alia, to consider, declaration of interim dividend for the financial year ended March 31, 2007.
Date: 2007-05-05 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the status and utilisation of IPO proceeds upto March 31, 2007 are as under:- Out of the IPO proceeds of Rs.3881.75 lacs, the company has utilised Rs.850 lacs in business acquisitions, Rs.344.46 lacs towards expansion of Software and BPO operations and Rs.671.29 lacs towards Issue expenses. The balance of Rs.2016 lacs is invested in fixed Deposits/Mutual Funds with scheduled banks. Date: 2007-04-27 |
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Source: NSE - Accel Frontline Limited has informed the Exchange regarding a press release, dated April 26, 2007, titled "Accel Frontline''s Profit After Tax increases by 40% in FY 2007." A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2007-04-27 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that "The company opting to publish the Audited Financial Results for the year ended 31st March 2007 on or before 30th June 2007 instead of publishing the Unaudited Financial Results for the last quarter ended 31st March 2007". Date: 2007-04-20 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Company opting to publish the Audited Financial Results for the year ended March 31, 2007 on or before June 30, 2007 instead of publishing the Unaudited Financial Results for the last quarter ended March 31, 2007.
Date: 2007-04-19 |
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Source: BSE - Accel Frontline Ltd has informed BSE that Trend Micro Inc., a leader in network antivirus and Internet content security software and services, has signed an agreement with the Company to offer technical helpdesk services for Trend Micro''s Worry-Free range of products targeted at Small & Medium Businesses (SMBs) in India. The helpdesk service will provide phone, email and onsite support during business hours to all licensed small business customers and resellers. The helpdesk will be supported by a toll free number 1800-425-1009. Apart from handling queries on product installation, configuration and functionality, the helpdesk will provide product related technical help and also take reports of any new threats that the customer may face.
"Trend Micro is known for its stringent quality norms and Accel is delighted to partner with them. We see a huge potential for antivirus and threat management solutions in India especially in the SMB segments, and this partnership is a clear step forward in the expansion of our services offerings. Accel Frontline will extend its helpdesk support to Trend Micro''s Worry-Free suite of products and services," said N R Panicker, Chairman & CEO, of the Company.
India has emerged as the fastest growing country of Internet users, surpassing the growth rates in the US, China, Japan and has been ranked as the eighth largest country in terms of netizens. Small and medium businesses in India are set to spend over $8 billion to beef up their IT infrastructure, a growth of 24 percent since last year. While computing products will still account for the bulk of IT investments, Internet spending is fast increasing as these enterprises embrace IP-enabled business process services.
Date: 2007-04-10 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that "Our Company has entered into a tie-up with Trend micro Inc, USA, to offer technical helpdesk services for Trend Micro''s Worry-free range of products targeted at Small & Medium Businesses (SMBs) in India. Apart from handling queries on product installation, configuration and functionally, the helpdesk will provide product related technical help and also take reports of any new threats that the customer may face. Tend Micro Inc., a leader in network antivirus and Internet content security software and services. Founded in 1988, Trend Micro provides individuals and organizations of all sizes with award-winning security software, hardware and services. Further the Company has informed the Exchange regarding a press release, dated April, 2007, titled "Trend Micro & Accel Frontline join hands to support SMB Security Service needs Toll Free number for helpdesk of Trend Micro SMB customers launched". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2007-04-10 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Company has been awarded a prestigious contract by the Centre for Railway Information Services (CRIS) for installing and maintaining Smart Card based Automatic Ticket Vending Machines (ATVMs) across Western and Central Railway stations incLuding Suburban Stations of Mumbai.
In the first phase, 300 ATVMs are to be instaLled by the Company. Keeping in the view of the volume of passenger traffic, Railway''s may go for more ATVMs in the future.
Date: 2007-03-30 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that "the Company has been awarded a prestigious contract by the centre of Railway Information Services (CRIS). A brief write up on the above is as follows: ''Accel Frontline to provide Automatic Ticket Vending Machines for Indian Railways.'' Accel Frontline Ltd. has been awarded a prestigious contract by the Centre for Railway Information Services (CRIS) for installing and maintaining Smart Card based Automatic Ticket Vending Machines (ATVMs) across Western and Central Railway stations including Suburban Stations of Mumbai. In the first phase, 300 ATVMs are to be installed by the company, keeping in the view of the volume of passenger traffic, Railway''s may go for more ATVMs in the future. For more information please visit www.accelfrontline.in or contact R.Neelakantan, Company Secretary (044-42252071)." Date: 2007-03-30 |
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Source: BSE - Accel Frontline Ltd has announced that the Company is announcing a strategic partnership with Seagate Technology, USA to provide professional data recovery services through its extensive network of 36 service centers across 34 cities to serve a growing need in the Indian market.
This strategic partnership is part of Seagate''s ongoing expansion of its global data recovery services operations and represents its commitment to provide optimum service to customers around the world.
In view of the Corporations and consumers increasingly placing a premium on the value of digital content they''ve created for work and play, they cannot afford the risk of losing digital data that has become such an integral part of them. The data recovery services of Seagate provide a last line of defense against data loss with best-planned disaster recovery implications for large Corporations.
Seagate''s groundbreaking software solution & in-lab recovery services employing a patented Signal Trace technology will enable the Company''s service engineers to recover data from media - regardless of brands or formats - that have undergone severe physical damage, liquid damage, fire damage, software corruption, system sabotage and accidental file deletion. Seagate''s Signal Trace technology is drive-independent and allows for data recovery from media that cannot be addressed by traditional in-lab recovery methods.
Under the agreement, the Company will honor and maintain the agreed service level, data quality commitment and customer confidentiality as stated by Seagate; and will adhere to its ISO 9001:2000 guidelines to ensure procedural and quality excellence for all data recovery cases. The data recovery service that the Company offers in association with Seagate is yet another step in Company''s effort to become a comprehensive provider of availability services in India. Company''s wide network of 36 service / support centers will ensure that this service is available to customers all over India.
Date: 2007-03-29 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that: "The Company has entered into a strategic partnership with Seagate Technologies, USA for providing data recovery services". A brief write up on the above shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2007-03-28 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that "we give below details of the e-mail id of the grievance redressal division/ compliance officer exclusively for the purpose of registering complaints by investors: Name of the Compliance Officer: R.Neelakantan, Designation of the Compliance Officer: Company Secretary, E-mail Id: neel@accelfrontline.in". Date: 2007-03-14 |
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Source: BSE - Accel Frontline Ltd has announced that the Company is acquiring the Banking Solutions Division of Telesis Global Solutions Ltd, a Chennai based software Company specializing in software products for banking applications and implementation and Migration Services for Core banking software in India, middle east and African regions. The new acquisition is in line with the Company''s focus on increasing the software services revenue in the coming years. This division will he merged with the Banking Solutions Division of the Company, which currently has an MIS product framework for the Banking segment. The acquired business is expected to contribute profitable revenues of Rs 20 Crores of for FY 08 and Rs 6 Crores during FY 07. The Company signed an MOU on January 23, 2007. The acquisition is expected to be completed before January 31, 2007.
Date: 2007-01-24 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that: "The Company has planned for acquisition of the Banking Solution Division of Telesis Global Solutions Limited". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2007-01-23 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that "the Company has entered into arrangement with M/s. Sun Microsystems as its strategic Regional Partner for Tamilnadu and Kerala. A brief write up titled, "Accel Frontline chosen as Sun''s Strategic Regional Partner" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Date: 2006-12-05 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Company has been chosen by Sun Microsystems as its Strategic Regional Partner for Tamil Nadu and Kerala in addition to being an Enterprise Partner in India. As part of its next phase of growth strategy for India, SUN has launched its operations in Coimbatore, Trichy, Madurai and Thiruvanathapuram. As Sun''s Strategic Regional Partner, the Company will represent Sun in these regions. The Company is optimistic about this new partnership and certain that a strong brand name like Sun, with its superior technology, products and service offerings will help the Company deepen its footprint in these regions and offer better services to it''s customers. This joint initiative from Sun and the Company offers businesses the benefit of instant responses to their IT requirements, be it sales or services. It is expected to increase the SUN centric business for the Company in the future.
Date: 2006-12-05 |
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Source: BSE - With reference to the news item appearing in the leading financial daily titled "Accel close to acquiring Chennai Co", Accel Frontline Ltd has clarified to BSE as under:
1. The said press meet was for declaring the Company''s financial results for the quarter ended September 30, 2006.
2. At the meet a Correspondent enquired from the Company''s Chairman & CEO, the progress made on the acquisition of a Chennai based IT services company, to which reference had been made in RHP under the Head "object of the Issue", wherein it had been stated that "the Company was in discussions with a Chennai Based Software Services Company". In response to the said query, it was mentioned that negotiations had progressed substantially. It was also pointed out that no Agreement or formal understanding had been reached with regard to the said acquisition till date.
3. A query was also raised regarding the disclosure made in the RHL on the "Expansion of our Middle East operations". In response to this, it was pointed out that the Company believed that the Gulf Market had enormous potential and to tap the said market, the Company is exploring the possibility of picking up a stake in the Bahrain based Company, which would provide the Company a Gateway to the Gulf Market, needless to mention that even here, no Agreement or any formal understanding has been reached and the discussions are at a very nascent stage.
Date: 2006-11-10 |
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Source: NSE - News Verification : The media had reports on November 09, 2006 that Accel Frontline Limited may acquire a Chennai based IT services company. Further, the company is in an advanced stage of picking up majority stake in a Bahrain based company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Accel Frontline Limited has vide its letter inter-alia stated, " In response to a query raised on the acquisition of a Chennai based IT Services Company, it was mentioned that negotiations had progressed substantially. It was also pointed out that no Agreement or formal understanding had been reached with regard to the said acquisition till date. Further to above, in response to a query on expansion of our Middle East operations, it was pointed out that the Company believed that the Gulf Market had enormous potential and to tap the said market, we were exploring the possibility of picking up a stake in a Bahrain based Company, which would provide the Company a gateway to the Gulf Market. However, no Agreement or any formal understanding has been reached and the discussions are at a very nascent stage. " Date: 2006-11-10 |
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Source: NSE - News Verification : The media had reports that Accel Frontline Limited may acquire a Chennai based IT services company. Further, the company is in an advanced stage of picking up majority stake in a Bahrain based company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from Accel Frontline Limited. Date: 2006-11-09 |
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Source: BSE - Accel Frontline Ltd has informed BSE that the Company has entered into an agreement with Kingston Technology Corporation, USA, the world''s largest independent memory module manufacturer, for providing a comprehensive product warranty and support services on an end-to-end basis for its market leading DRAM, Flash and Personal Media Players products for its customers across India.
Date: 2006-11-06 |
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Source: NSE - Accel Frontline Limited has informed the Exchange that the Company has entered into an agreement with Kingston Technology Corporation, USA, the world''s largest independent memory module manufacturer, for providing a comprehensive product warranty and support services on an end-to-end for its market leading DRAM, Flash and Personal Media Players products for its customers across India. Date: 2006-11-06 |
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EARNINGS TOOLBOX 