Accord Synergy Appoints Four Directors After KP Group Acquires 46.2% Stake

Board approved induction of four additional directors, including a new Chairman, Whole-time Director and Independent Director, following the acquisition of approximately 46.20% by Dr. Faruk Patel’s group. Authorized share capital will increase from Rs 5 Cr to Rs 10 Cr, subject to shareholder approval. The transaction marks a change in ownership and leadership, with Mr. Aahil Khan, the Managing Director’s son, appointed Whole-time Director for five years. Board also approved relocation of the registered office and appointment of new statutory, secretarial and internal auditors. Existing statutory auditor B K H & Associates resigned immediately after completing the FY26 audit, citing alignment with the acquiring group’s common auditors; it reported no concerns. Valuation, transaction consideration, ownership structure and strategic plans remain undisclosed.