Accelya Solutions India logo

Accelya Solutions India MD, chairman, board of directors and AGM

NSE: ACCELYABSE: 532268IT - SoftwareSmall Cap

Formerly Accelya Kale Solutions
Last close ₹952.10down ₹61.50 (6.07%)BSE ₹952.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,013.60.

52-week range of traded prices to 23 Oct 2026
₹943.60Low, 23 Oct 2026₹1,520.00High, 23 Oct 2025
Market cap
₹1,421 Cr1,215th largest listed
P/E
15.0
P/E without one-offs
13.4
P/B
5.7
Dividend yield
8.40%
ROE
35.9%
ROE without one-offs
40.3%
ROCE
50.8%
Debt to equity
0.00
Volume, NSE
60,49760.1% delivered

Accelya Solutions India board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonJames Karr Davidson
  • Company Secretary and Compliance OfficerNinad Umranikar

6 directors3 independent1 executive2 non-executive

  • James Karr Davidson · ChairpersonNon-executive · joined Feb 2022 · reappointed Nov 2025 · 1 listed board · 2 committee seats
  • Jose Maria HurtadoNon-executive · joined Nov 2019 · reappointed Oct 2024 · 1 listed board
  • Saurav AdhikariIndependent · joined Aug 2022 · reappointed Oct 2022 · 49 months as independent · 4 listed boards · 3 as independent · 5 committee seats, 2 as chair
  • Meena JagtianiIndependent · joined Jun 2023 · reappointed Aug 2023 · 39 months as independent · 2 listed boards · 2 as independent · 3 committee seats
  • Ravindran MenonIndependent · joined Apr 2024 · reappointed Jun 2024 · 29 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 2 as chair
  • Gurudas Vasudev ShenoyExecutive · joined Jul 2022 · reappointed Aug 2022 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 29 Jul 20266 of 6 present3 independent · 33 days in between
    • 25 Jun 20266 of 6 present3 independent · 56 days in between
    • 29 Apr 20266 of 6 present3 independent
  • Audit Committee

    Chair Saurav Adhikari

    James Karr Davidson, Meena Jagtiani, Ravindran Menon

    • 29 Jul 20264 of 4 present3 independent · 33 days in between
    • 25 Jun 20264 of 4 present3 independent · 56 days in between
    • 29 Apr 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair Meena Jagtiani

    Saurav Adhikari, James Karr Davidson, Ravindran Menon

    • 29 Jul 20264 of 4 present3 independent
  • Stakeholders Relationship Committee

    Chair Saurav Adhikari

    James Karr Davidson, Meena Jagtiani, Ravindran Menon

    • 29 Jul 20264 of 4 present3 independent · 90 days in between
    • 29 Apr 20264 of 4 present3 independent
  • Risk Management Committee

    Chair Saurav Adhikari

    James Karr Davidson, Meena Jagtiani, Ravindran Menon

    • 29 Jul 20264 of 4 present3 independent
  • Corporate Social Responsibility Committee

    Chair Meena Jagtiani

    James Karr Davidson, Ravindran Menon, Saurav Adhikari

    • 29 Jul 20264 of 4 present3 independent · 90 days in between
    • 29 Apr 20264 of 4 present3 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • Walker Chandiok & Co LLPPeer-review certificate valid to May 2028
1 earlier auditor
  • Deloitte Haskins & Sells LLPNamed in the filing for the quarter to Jun 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Accelya Solutions India AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Accelya Solutions India dividend history

Annual general meeting, 6 Nov 2025

39,398 shareholders on the register on 24 Oct 2025; present: 1 promoter and 36 others; votes counted by Nilesh A. Pradhan / Nilesh A. Pradhan & Co., LLP.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements (including audited consolidated financial statements) for the year ended 30th June, 2025, together with the Reports of the Directors' and Auditors' thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.79%

    Turnout: all 74.89% · promoters 100.00% · institutions 17.40% · other public 0.52%

  2. To confirm payment of interim dividend and declare a final dividend on equity shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.53%

    Turnout: all 74.89% · promoters 100.00% · institutions 17.40% · other public 0.52%

  3. To appoint a Director in place of Mr. James Davidson (DIN: 09516461), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 74.89% · promoters 100.00% · institutions 17.40% · other public 0.52%

  4. To appoint Walker Chandiok & Co. LLP, Chartered Accountants (Registration No. 001076N/N500013) as Statutory Auditors in place of Deloitte Haskins & Sells LLP and to fix their remuneration
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.76%

    Turnout: all 74.89% · promoters 100.00% · institutions 17.40% · other public 0.52%

  5. Approval of Related Party Transactions with Accelya World S.L.U.
    OrdinaryPromoters have an interest in it
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 0.23% · promoters 0.00% · institutions 17.40% · other public 0.51%

  6. Approval of Related Party Transactions with Accelya Global Limited
    OrdinaryPromoters have an interest in it
    99.55% for0.45% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.82%

    Turnout: all 0.23% · promoters 0.00% · institutions 17.40% · other public 0.51%

  7. Approval of Related Party Transactions with Accelya Middle East FZE
    OrdinaryPromoters have an interest in it
    99.55% for0.45% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.82%

    Turnout: all 0.23% · promoters 0.00% · institutions 17.40% · other public 0.51%

  8. Approval of Related Party Transactions with Accelya US Inc.
    OrdinaryPromoters have an interest in it
    98.88% for1.12% against

    Against: promoters 0.00% · institutions 0.07% · other public 1.98%

    Turnout: all 0.23% · promoters 0.00% · institutions 17.40% · other public 0.51%

  9. Approval of remuneration payable to Mr. Gurudas Shenoy, Managing Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.86%

    Turnout: all 74.88% · promoters 100.00% · institutions 17.40% · other public 0.51%

  10. Appointment of Nilesh A. Pradhan & Co LLP., as Secretarial Auditors of the Company for a period of five consecutive years from financial year 2025-26 till 2029-30
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.68%

    Turnout: all 74.89% · promoters 100.00% · institutions 17.40% · other public 0.52%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 17 Oct 2024, 6 resolutions

Present: 1 promoter and 55 others.The company's voting result (opens in a new tab)

  1. Adoption the audited financial statements (including audited consolidated financialnstatements) for the year ended 30th June. 2024, together with the Reports of thenDirectors' and Auditors' thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 80.41% · promoters 100.00% · institutions 43.69% · other public 21.98%

  2. Confirmation of payment of interim dividend and declaration of a final dividend onnequity shares.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 80.41% · promoters 100.00% · institutions 43.69% · other public 21.98%

  3. Re-appointment of Mr. Jose Maria Hurtado (DIN: 08621867) as Director of thenCompany, liable to retire by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 80.41% · promoters 100.00% · institutions 43.69% · other public 21.98%

  4. Approval of Related Party Transactions with Acce _ya World S.L.U.
    OrdinaryPromoters have an interest in it
    95.04% for4.96% against

    Against: promoters 0.00% · institutions 75.88% · other public 0.01%

    Turnout: all 5.76% · promoters 0.00% · institutions 43.69% · other public 21.98%

  5. Approval of Related Party Transactions with Accelya Global Limited
    OrdinaryPromoters have an interest in it
    95.04% for4.96% against

    Against: promoters 0.00% · institutions 75.88% · other public 0.01%

    Turnout: all 5.76% · promoters 0.00% · institutions 43.69% · other public 21.98%

  6. Approval of Related Party Transactions with Accelya Middle East FZE
    OrdinaryPromoters have an interest in it
    95.04% for4.96% against

    Against: promoters 0.00% · institutions 75.88% · other public 0.01%

    Turnout: all 5.76% · promoters 0.00% · institutions 43.69% · other public 21.98%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 6 Jun 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval of special resolution for appointment of Mr. Ravindran Menon (DIN 00016302) as an Independent Directorn
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 82.47% · promoters 100.00% · institutions 34.71% · other public 30.68%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 19 Oct 2023, 4 resolutions

Present: 1 promoter and 54 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements (including audited consolidated financialnstatements) for the year ended 30 June, 2023, together with the Reports of the Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 81.48% · promoters 100.00% · institutions 21.64% · other public 27.00%

  2. To confirm payment of interim dividend and declare a final dividend on equity shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 81.48% · promoters 100.00% · institutions 21.64% · other public 27.00%

  3. To appoint a Director in place of Mr. James Davidson (DIN: 09516461), who retires by rotation and being eligible,noffers himself for re-appointment.
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 37.10% · other public 0.01%

    Turnout: all 81.48% · promoters 100.00% · institutions 21.64% · other public 27.00%

  4. To approve related party transactions
    OrdinaryPromoters have an interest in it
    100.00% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 6.82% · promoters 0.00% · institutions 21.64% · other public 27.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 9 Aug 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval of special resolution for appointment of Ms. MeenanJagtiani (DIN 08396893) as an Independent Director
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 82.14% · promoters 100.00% · institutions 45.60% · other public 29.35%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 19 Oct 2022, 5 resolutions

Present: 0 promoters and 36 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements (including audited consolidated financialnstatements) for the year ended 30 June, 2022, together with the Reports of the Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 80.58% · promoters 100.00% · institutions 47.88% · other public 21.50%

  2. To confirm payment of interim dividend and declare a final dividend on equity shares.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 80.58% · promoters 100.00% · institutions 47.88% · other public 21.50%

  3. To appoint a Director in place of Mr. Jose Maria Hurtado (DIN: 08621867), who retires by rotation and beingneligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 80.58% · promoters 100.00% · institutions 47.88% · other public 21.50%

  4. To appoint Mr. Saurav Adhikari (DIN: 08402010) as an Independent Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 80.58% · promoters 100.00% · institutions 47.88% · other public 21.50%

  5. To approve related party transactions
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 5.92% · promoters 0.00% · institutions 47.88% · other public 21.49%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 10 Aug 2022, 2 resolutions

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Gurudas Shenoy (DIN 03573375) as a Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 81.09% · promoters 100.00% · institutions 49.21% · other public 23.62%

  2. Appointment of Mr. Gurudas Shenoy as Managing Director and approval of remuneration payable to him
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 3.65% · other public 0.07%

    Turnout: all 81.09% · promoters 100.00% · institutions 49.21% · other public 23.62%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 12 Apr 2022, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval for appointment of Mr. James Davidson as Non-ExecutivenNon-Independent Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.92%

    Turnout: all 76.48% · promoters 100.00% · institutions 67.44% · other public 0.20%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 6 Nov 2025, 1 fund house

  • To receive, consider and adopt the audited financial statements (including audited consolidated financial statements) for the year ended 30th June, 2025, together with the Reports of the Directors' and Auditors' thereonMoreLess
    1 for0 against
  • To confirm payment of interim dividend and declare a final dividend on equity shares
    1 for0 against
  • To appoint a Director in place of Mr. James Davidson (DIN: 09516461), who retires by rotation and being eligible, offers himself for re-appointment
    1 for0 against
  • To appoint Walker Chandiok & Co. LLP, Chartered Accountants (Registration No. 001076N/N500013) as Statutory Auditors in place of Deloitte Haskins & Sells LLP and to fix their remuneration
    1 for0 against
  • Approval of Related Party Transactions with Accelya World S.L.U.
    1 for0 against
  • Approval of Related Party Transactions with Accelya Global Limited
    1 for0 against
  • Approval of Related Party Transactions with Accelya Middle East FZE
    1 for0 against
  • Approval of Related Party Transactions with Accelya US Inc.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance & Transparency Concern: Justification not provided for significant shift in limits of proposed RPTs.
    0 for1 against
  • Approval of remuneration payable to Mr. Gurudas Shenoy, Managing Director
    1 for0 against
  • Appointment of Nilesh A. Pradhan & Co LLP., as Secretarial Auditors of the Company for a period of five consecutive years from financial year 2025-26 till 2029-30
    1 for0 against

Mutual fund votes, meeting of 17 Oct 2024, 2 fund houses

  • Adoption the audited financial statements (including audited consolidated financialnstatements) for the year ended 30th June. 2024, together with the Reports of thenDirectors' and Auditors' thereon.
    2 for0 against
  • Confirmation of payment of interim dividend and declaration of a final dividend onnequity shares.
    2 for0 against
  • Re-appointment of Mr. Jose Maria Hurtado (DIN: 08621867) as Director of thenCompany, liable to retire by rotation
    2 for0 against
  • Approval of Related Party Transactions with Acce _ya World S.L.U.
    Against Motilal Oswal Mutual Fund, PPFAS Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: Basis for Arm’s Length pricing is not disclosed.
    • PPFAS Mutual FundManaged service arrangement without disclosing details of pricing terms, however claims to be at arm's length
    0 for2 against
  • Approval of Related Party Transactions with Accelya Global Limited
    Against Motilal Oswal Mutual Fund, PPFAS Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: Basis for Arm’s Length pricing is not disclosed.
    • PPFAS Mutual FundManaged service arrangement without disclosing details of pricing terms, however claims to be at arm's length
    0 for2 against
  • Approval of Related Party Transactions with Accelya Middle East FZE
    Against Motilal Oswal Mutual Fund, PPFAS Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: Basis for Arm’s Length pricing is not disclosed.
    • PPFAS Mutual FundManaged service arrangement without disclosing details of pricing terms, however claims to be at arm's length
    0 for2 against
6 earlier meetings

Mutual fund votes, meeting of 6 Jun 2024, 3 fund houses

  • Approval of special resolution for appointment of Mr. Ravindran Menon (DIN 00016302) as an Independent Directorn
    3 for0 against

Mutual fund votes, meeting of 19 Oct 2023, 1 fund house

  • To receive, consider and adopt the audited financial statements (including audited consolidated financialnstatements) for the year ended 30 June, 2023, together with the Reports of the Directors and Auditors thereon.MoreLess
    1 for0 against
  • To confirm payment of interim dividend and declare a final dividend on equity shares
    1 for0 against
  • To appoint a Director in place of Mr. James Davidson (DIN: 09516461), who retires by rotation and being eligible,noffers himself for re-appointment.
    1 for0 against
  • To approve related party transactions
    1 for0 against

Mutual fund votes, meeting of 9 Aug 2023, 1 fund house

  • Approval of special resolution for appointment of Ms. MeenanJagtiani (DIN 08396893) as an Independent Director
    1 for0 against

Mutual fund votes, meeting of 19 Oct 2022, 1 fund house

  • To receive, consider and adopt the audited financial statements (including audited consolidated financialnstatements) for the year ended 30 June, 2022, together with the Reports of the Directors and Auditors thereon.MoreLess
    1 for0 against
  • To confirm payment of interim dividend and declare a final dividend on equity shares.
    1 for0 against
  • To appoint a Director in place of Mr. Jose Maria Hurtado (DIN: 08621867), who retires by rotation and beingneligible, offers himself for re-appointment.
    1 for0 against
  • To appoint Mr. Saurav Adhikari (DIN: 08402010) as an Independent Director.
    1 for0 against
  • To approve related party transactions
    1 for0 against

Mutual fund votes, meeting of 10 Aug 2022, 1 fund house

  • Appointment of Mr. Gurudas Shenoy (DIN 03573375) as a Director
    1 for0 against
  • Appointment of Mr. Gurudas Shenoy as Managing Director and approval of remuneration payable to him
    1 for0 against

Mutual fund votes, meeting of 12 Apr 2022, 1 fund house

  • Approval for appointment of Mr. James Davidson as Non-ExecutivenNon-Independent Director
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeOfficer of the Commissioner of Central Tax & GST ThaneSince 9 Feb 2018
    The matter is pending before CESTAT
  • Tax disputeAssessment Unit, Income Tax DepartmentSince 12 Sep 2022
    The matter is pending before Deputy Commissioner of Income tax for rectification.
  • Tax disputeDeputy Director of Income Tax, CPC, Bengaluru/Assessment Unit, Income Tax DepartmentSince 29 Jul 2023
    The matter is pending before Commissioner (Appeals) or the Commissioner of Income-tax (Appeals)/ The Deputy Commissioner of Income-tax.
  • Tax disputeAssessment Unit, Income Tax DepartmentSince 18 Mar 2026
    The matter is pending before Joint Commissioner (Appeals) or the Commissioner of Income-tax (Appeals)/ The Deputy Commissioner of Income-tax.
    At the filing before: The matter is pending before Joint Commissioner (Appeals) or the Commissioner of Income-tax (Appeals)

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.