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Accel Limited's Secured Creditors have approved the scheme of amalgamation of Accel Media Ventures Limited with Accel Limited.

Accel Ltd517494 · Filed with the exchange

During the meeting, two secured creditors, representing an outstanding amount of INR 29.73 Cr, voted 100% in favor of the special resolution.

This approval clears a key hurdle for the merger, which aims to streamline the company's structure and operations.

The successful vote is a positive step towards completing the corporate restructuring.

Read the original filing(PDF)

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