Name: Accel Frontline Ltd
Price range: $$
Rating: 3

Accel Frontline Ltd (BSE: 532774) is an IT services company based in Chennai, India. It was a joint-venture company between Accel Limited of Chennai and Frontline Technologies Corporation Limited of Singapore. Its main business is providing IT infrastructure management, software solutions and warrant management services.It operates through an all-India network of more than 100 locations in India and overseas offices in Dubai, Singapore, London, Tokyo and Santa Clara California.

Rating (average)	(1 Rating)
Business Website Address	Visit Website
Service Category	Application Development and Maintenance Services
Specialization	IT infrastructure management, software solutions, warranty management services
Core Differentiators / Value Proposition	Accel Frontline Ltd (BSE: 532774) is an IT services company based in Chennai, India. It was a joint-venture company between Accel Limited of Chennai and Frontline Technologies Corporation Limited of Singapore. Its main business is providing IT infrastructure management, software solutions and warrant management services.It operates through an all-India network of more than 100 locations in India and overseas offices in Dubai, Singapore, London, Tokyo and Santa Clara California.
Freebies, Promotions etc.	Free Estimate

Ratings

Initial Neutral Rating to be revised post detailed assessment of Solution Provider and based on additional customer reviews

Industry Analyst | February 13, 2016

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Bizofit Analyst Opinion
Other Updates

Accel Frontline Ltd has been rated for IT infrastructure management, software solutions, warranty management services services under Bizofit’s 4P SUGAR Quadrant Framework
Accel Frontline Ltd 11/03/2016
Accel Frontline Ltd has been rated for IT infrastructure management, software solutions, warranty management services services under Bizofit’s 4P SUGAR Quadrant Framework. Refer to attached link for further info.

Accel Frontline suspends executive chairman based on special audit report
01/11/2022
IT services firm Accel Frontline said the company’s board of directors had suspended N R Panicker from his position as executive chairman with immediate effect. The decision against Panicker, an erstwhile promoter of the company, was taken on the basis of a special audit report submitted by Deloitte Touche Tohmatsu India LLP. The Securities and Exchange Board of India (Sebi) last week revoked an earlier interim order against the company, which froze shares of the promoters and the promoter group shareholders following an alleged non-compliance with the minimum public shareholding norms. The company, in a regulatory filing with the stock exchange, said that its board of Directors suspended N R Panicker from his position as executive chairman, though he will continue as director of the company till his term ends on March 31, 2016. The action was taken on the basis of the report of Deloitte, appointed suo motu by the company to examine the quality of bills receivable of the company for the three-year period ended March 2015. It further added that the board has constituted a sub-committee comprising of three independent directors, the executive director and chief financial officer to look into the special audit (review) report and recommend to the board further steps or actions to be taken. In its preliminary finding, the auditor has said that based on the investigation till then, bills receivable which may not be adequately substantiated, and other items to the tune of Rs 30 to 40 crore, which may not have been adequately provided for in the books of the company. This information was filed by the company in a regulatory filing on February 9, 2016. Japan-based CAC Corporation has acquired majority stake in Accel Frontline Limited, from the end of 2013 and is the promoter of the company at present. At present, the promoters, including CAC Holdings Corporation has around 75 per cent share holding in the company. Source URL: http://www.business-standard.com/article/companies/accel-frontline-suspends-executive-chairman-based-on-special-audit-report-116032100500_1.html

Accel Frontline gets extension to hold AGM
03/10/2016
Accel Frontline announced that in terms of the approval under the Companies Act, 2013, the Company has obtained an extension of time for holding its Annual General Meeting (AGM) upto 31 December 2016 for adoption of Accounts for the financial year 2015-16.

Accel Frontline Ltd. from Rupali Saha

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Accel Frontline Ltd

Ratings

Accel Frontline Ltd has been rated for IT infrastructure management, software solutions, warranty management services services under Bizofit’s 4P SUGAR Quadrant Framework

Accel Frontline suspends executive chairman based on special audit report

Accel Frontline gets extension to hold AGM

Accel Frontline Ltd. from Rupali Saha

.Biz

.Net Developers

“EduSec” college management system

((sirenum))

(n)Procure

[24]7 AIVA Virtual Agent

[24]7 AIVA Virtual Agent

[24]7 Personalization

[24]7 Personalization

[FP]-LIMS Software

[i]merchant

[Lead]Prime

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