
Subsidiary25 Jun 2026, 06:20 pm
Accelya Solutions India to strike off UK subsidiary
AI Summary
Accelya Solutions India Ltd announced that its Board of Directors has approved the striking off of its wholly-owned subsidiary, Accelya Solutions UK Limited (ASUK). This move is intended to simplify the Accelya group structure. ASUK is not considered a material subsidiary and had no income in the financial year 2025-26. The voluntary winding up and striking off process will be completed in due course, with an expected completion date of September 30, 2026. The company confirmed that the transaction does not involve related parties and is not a slump sale.
Key Highlights
- Board approves striking off of UK subsidiary, Accelya Solutions UK Limited.
- Action aims to simplify the overall Accelya group structure.
- Subsidiary is not material and had no income in FY25-26.
- Expected completion of striking off by September 30, 2026.
Price Impact
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