Accel Ltd
Accel Ltd Company History
Accel The Company is engaged in the business of IT Service, Animation, Engineering, Real Estate and Academic Business.
2002
Transmatic Systems ties up with Accel.
2002
2004
Board has approved a scheme of amalgamation / merger with the following companies / businesses:
1. Ushus Technologies Private Ltd, a technology company specialising in embedded systems and software applications based in Technopark, Trivandrum.
2. Accel Software and Technologies Ltd (ASTL), a Software and Training Services Company based in Chennai, belonging to the Accel Group of Companies.
3. Zener Electronics Private Ltd, a Power Conditioning Equipment Manufacturing Company base in Chennai, belonging to the Accel Group of Companies.
4. The Office Automation Division of Accel Ltd, which is dealing in Sales & Service of Office Automation Equipment.
2004
2006
Accel Transmatic Ltd, the Chennai-based technology services company, has set up Accel Animation Studios to offer 2D and 3D animation, visual effects and gaming services for media companies in India and abroad.
Accel Transmatic signs agreement with Kahani World, Canada
Setting up of wholly owned subsidiary in California, USA
2006
2007
The Company has recommended a dividend of 6% for the year.
The training division was formed into a new company called Accel Academy Limited, which was 100% subsidiary of Accel Transmatic Limited.
The Company has set up a wholly owned subsidiary in California by name Accel North America Inc to enhance the marketing initiatives and to provide on site support to it's customers in the USA for its embedded software and animation divisions.
2007
2008
The Company designated the email id of the grievance redressal division / compliance officer exclusively for the purpose of registering complaints by investors.
Accel Limited acquired 51% stake in Accel Academy Limited via cash.
2008
2010
Disney Channel acquires Accel Animations "Ek tha Jungle" 3D animated.
Accel Animation in Co Production Pact with Big Animation to produce "Shaktimaan" - in Animated Avatar.
2010
2012
Mr. ST Prabhu has been co-opted as Additional Director as well as Wholetime Director of the Company.
2012
2018
Company name has changed to ACCEL Ltd. from Accel Transmatic Ltd.
2018
