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Accel India IV offloads 2 crore Urban Company shares, cuts stake to 4.84% | Company News


Accel India IV (Mauritius) has offloaded a 1.3 per cent stake in home services platform Urban Company through an open market transaction.


According to a regulatory filing with the stock exchanges, the Mauritius-based entity sold 2,00,00,000 (2 crore) equity shares of the company.


Prior to the transaction, Accel held 9,47,13,868 shares, representing a 6.14 per cent stake in the firm. Following the sale, its shareholding has been reduced to 4.84 per cent, or 7,47,13,868 shares.


The sale of shares was carried out on August 13, 2026, via the open market, the disclosure noted.


The total equity share capital of Urban Company stands at 1,54,21,80,603 shares with a face value of Re 1 each.

 

Source: www.business-standard.com

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