According to BSE data, promoter and promoter group, are holding 89.02% in the company. The largest shareholder is CAC Corporation, which holds 60.95%, Accel ltd (22.20 %), Panicker N R (1.25 %) and Accel systems Group Inc, USA (0.62 %).
In December 2013, CAC Corporation, Japan announced that it is acquiring 51% ownership of Chennai-based Accel Frontline Limited (AFL), a mid-size IT company. The deal value estimated to be around Rs 130 crore, including equity and soft loan.
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