Accel to acquire Redington's computer repair and peripheral business

Signs agreement to acquire Ensure Support Services (India) Ltd for Rs 31 crore in cash

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Accel will acquire 100 per cent ownership consisting of 4.5 million equity shares at Rs 10 each.

T E Narasimhan Chennai
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.

First Published: Jul 31 2020 | 8:33 PM IST

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