Accel Ltd has signed a share purchase agreement with Redington to acquire Ensure Support Services (India) Ltd for a Rs 31 crore in cash.
Ensure Support Services is into computer repairs and communication equipment peripherals. In 2019-20 the company reported a turnover of Rs 105.75 crore.
Accel will acquire 100 per cent ownership consisting of 4.5 million equity shares at Rs 10 each.