ACCORD
Accord Synergy Limited
NSEFiling History
Recent corporate announcements and filings for ACCORD
Governance
Negative
2026-08-27 19:06
CRITICAL RED FLAG DETECTED
- On August 27, 2026, the Board appointed new Chairman, Whole-time, Non-Executive, and Independent Directors. - New Statutory, Secretarial, and Internal Auditors were appointed following the resignations of prior auditors. - Approved change in registered office and increase in authorized share capital.
Governance
Negative
2026-08-27 19:02
CRITICAL RED FLAG DETECTED
- Board meeting on August 27, 2026, approved multiple director appointments including Mr. Muinulhaque Iqbalhusen Kadva as Additional Director and Chairman, and Mr. Aahil Khan as Additional Director and Whole-time Director.
- M/s. B KH & Associates LLP resigned as Statutory Auditors and M/s Samir Ghanchi & Associates resigned as Internal Auditors.
- M/s. K A Sanghvi & Co LLP was appointed as the new Statutory Auditor and M/s. R H A & Co as the new Internal Auditor.
- The company also approved a change in its registered office and an increase in authorized share capital, both subject to shareholder approval. The AGM is scheduled for September 30, 2026.
Governance
Neutral
2026-08-27 19:02
CRITICAL RED FLAG DETECTED
- Board met on Aug 27, 2026, approving new Chairman, Whole-time Director, and two additional Directors.
- Appointed new Statutory, Secretarial, and Internal Auditors, filling casual vacancies after previous auditors resigned.
- Authorized Share Capital increased from ₹5 crores to ₹10 crores.
Governance
Negative
2026-08-27 19:02
CRITICAL RED FLAG DETECTED
- Board of Directors meeting on August 27, 2026, approved multiple director appointments including a Chairman and Whole-time Director.
- Noted the resignation of M/s. B K H & Associates LLP as Statutory Auditors and M/s Samir ghanchi & Associates as Internal Auditors.
- Appointed M/s. K A Sanghvi & Co LLP as new Statutory Auditors, M/s. Samdani Shah and Kabra as Secretarial Auditors, and M/s. R H A & Co as Internal Auditors.
- Other approvals included a change in Registered Office and an increase in Authorized Share Capital, subject to shareholder approval.
Governance
Negative
2026-08-27 19:02
CRITICAL RED FLAG DETECTED
- M/s. BKH & Associates LLP, Chartered Accountants, have resigned as Statutory Auditors of Accord Synergy Limited with immediate effect from August 27, 2026.
- The resignation is due to a change in the company's ownership, with Dr. Faruk Patel acquiring approximately 46.20% stake.
- The acquiring group intends to align auditors on a group-wide basis, and the resignation was mutually agreed upon.
- The Board and Audit Committee have noted the resignation and recommended new Statutory Auditors.
Governance
Neutral
2026-08-20 14:10
- Board of Directors meeting held on August 20, 2026.
- Approved the Boards' report for the financial year ended March 31, 2026.
- Decided to convene the 12th Annual General Meeting (AGM) and approved its draft notice.
Routine
Neutral
2026-07-10 18:42
New Filing detected. See link for details.
Governance
Positive
2026-06-17 19:44
- The Board approved the appointment of Mrs. Venu Birappa as an Additional (Non-Executive, Independent) Director for five years from June 17, 2026.
- Mr. Rajendra Kundanlal Desai was appointed as an Additional (Non-Executive, Non-Independent) Director for five years from June 17, 2026.
- An Independent Directors Committee was constituted, including the newly appointed Mrs. Venu Birappa and Mr. Rajendra Kundanlal Desai.
Governance
Neutral
2026-06-17 19:28
- Board of Directors appointed Mrs. Venu Birappa as an Additional (Non-Executive, Independent) Director for a five-year term from June 17, 2026.
- Mr. Rajendra Kundanlal Desai was appointed as an Additional (Non-Executive, Non-Independent) Director for a five-year term from June 17, 2026.
- An Independent Directors committee was constituted, comprising Mr. Nikesh Kumar Sinha (Chairman), Mrs. Venu Birappa, and Mr. Rajendra Kundanlal Desai as members.
Ownership
Neutral
2026-06-17 18:40
- Acquirers Dr. Farukbhai Gulambhai Patel and Mr. Muinulhaque Iqbalhusen Kadva (PAC) made an Open Offer for Accord Synergy Limited.
- To acquire up to 9,72,500 equity shares, representing 25.12% of the emerging voting equity share capital.
- Offer Price: ₹42.35 per share, payable in cash.
- Offer Period: Opens on June 24, 2026, and closes on July 08, 2026.
- This is a mandatory offer under SEBI (SAST) Regulations, 2011, following an underlying transaction including a proposed preferential issue.
Ownership
Positive
2026-06-11 18:09
- Accord Synergy Limited allotted 4,00,000 equity shares of face value ₹10 each to Dr. Faruk Patel on a preferential basis.
- The shares were allotted at an issue price of ₹42.35 per equity share for cash consideration.
Ownership
Positive
2026-06-11 18:06
- Accord Synergy Ltd allotted 4,00,000 equity shares of face value ₹10 each on a preferential basis to Dr. Faruk Patel.
- The shares were issued for cash consideration at ₹42.35 per share, approved on June 11, 2026.
- Post-allotment, the company's issued, subscribed, and paid-up capital increased from ₹3.47 Cr to ₹3.87 Cr.
Routine
Neutral
2026-06-09 18:27
New Filing detected. See link for details.
Governance
Positive
2026-06-04 18:08
- Accord Synergy Limited announced the voting results of its Extra Ordinary General Meeting (EGM) held on June 3, 2026.
- The special resolution for the approval of issuance of 4,00,000 Equity Shares on a Preferential Basis for cash consideration was passed.
- All resolutions presented at the EGM were passed with the requisite majority.
Governance
Positive
2026-06-03 17:09
- An Extra Ordinary General Meeting (EGM) of Accord Synergy Limited was held on June 03, 2026, to consider and approve the issue of equity shares by way of preferential issue on a private placement basis.
- The remote e-voting period was from May 31, 2026, to June 02, 2026.
- The special resolution for the preferential issue of equity shares was approved with 100% of the total valid votes cast (2,499,600 shares by 3 members) in favor.
Governance
Positive
2026-06-03 16:38
- EGM held on June 3, 2026, declared voting results.
- Shareholders approved a Special Resolution for the issuance of 4,00,000 Equity Shares on a Preferential Basis for cash consideration, with 100% votes in favour.
Governance
Positive
2026-06-03 14:53
- EGM held on June 3, 2026, approved the issuance of 4,00,000 Equity Shares on a Preferential Basis for cash.
Governance
Neutral
2026-06-02 18:06
- Accord Synergy Ltd. corrected a clerical error in the EGM Notice, changing the Board Meeting date for the proposed preferential issue from Oct 2, 2025, to May 6, 2026. The correction does not affect the issue's terms.
- An Addendum to the Valuation Report dated June 2, 2026, for the preferential issue has also been released.
Governance
Positive
2026-05-11 17:54
Accord Synergy Limited announced an Extra Ordinary General Meeting (EGM) on June 3, 2026, to seek shareholder approval for a preferential issue of 4,00,000 equity shares to Dr. Faruk Patel at ₹42.35 per share. The issue aims to raise capital and may result in a change in control, subject to regulatory approvals and lock-in periods.