Accel Limited's Unsecured Creditors convened a meeting to consider and approve a Scheme of Amalgamation involving Accel Limited and Accel Media Ventures Limited.

This corporate restructuring aims to combine the entities, a move the managing director explained as beneficial for business performance.

The creditors, after discussions, have approved this amalgamation plan with the required majority.

This approval is a crucial step forward for Accel Limited's strategic consolidation, paving the way for the proposed merger to proceed.