Excel Realty N Infra Limited (formerly known as Excel Infoways Ltd.) has announced a significant potential expansion of its fund-raising capacity, signaling ambitious growth plans for the company. The Board of Directors is set to meet on October 6, 2025, to discuss two key proposals that could substantially increase the company's financial flexibility and capital structure.

Proposed Fund-Raising Capacity Increase

The primary agenda item for the upcoming board meeting is the consideration of enhancing the company's fund-raising limit. Excel Realty N Infra Limited plans to discuss increasing its fund-raising capacity from the previously approved ₹500.00 crores to a substantial ₹2,500.00 crores. This five-fold increase, if approved, would provide the company with significantly more financial resources to pursue its strategic objectives.

The company intends to raise these funds through various financial instruments, including:

• Preferential allotment
• Convertible warrants
• Foreign Currency Convertible Bonds (FCCBs)
• Qualified Institutional Placement (QIP)

It's worth noting that the earlier approval for raising funds up to ₹500.00 crores was granted by the board of directors in a meeting held on August 29, 2025.

Proposed Increase in Authorized Capital

In line with the proposed increase in fund-raising capacity, the board will also consider raising the company's authorized capital. The proposal suggests an increase from the current ₹500.00 crores to ₹2,500.00 crores, aligning with the proposed fund-raising limit.

Approval Process

Both proposals are subject to necessary approvals from shareholders, regulatory bodies, and other stakeholders. The company will need to follow the appropriate regulatory procedures to implement these changes if approved by the board.

Trading Window Closure

In compliance with the Securities and Exchange Board of India (SEBI) regulations and the company's code of conduct for the prevention of insider trading, Excel Realty N Infra Limited has announced the closure of the trading window for company securities. The trading window will remain closed from the date of the announcement until October 8, 2025, for directors and specified persons as defined in the company's code.

Implications

If approved and implemented, these proposals could significantly enhance Excel Realty N Infra Limited's ability to raise capital and pursue growth opportunities. The substantial increase in both fund-raising capacity and authorized capital suggests that the company may be preparing for major expansion or investment initiatives.

Investors and market observers will be keenly watching the outcome of the October 6 board meeting, as the decisions made could have significant implications for the company's future financial strategy and growth trajectory.

Excel Realty N Infra Limited , a Mumbai-based company, has announced plans to significantly increase its authorized capital, subject to shareholder approval. The proposal, if approved, would see the company's authorized capital grow more than threefold, from Rs. 150.00 crore to Rs. 500.00 crore.

Board Approval and EGM Details

The Board of Directors of Excel Realty N Infra Limited convened on August 12, 2025, and approved a proposal to increase the company's authorized capital. The current authorized capital stands at Rs. 150.00 crore, divided into 150,00,00,000 shares of Rs. 1 each. The proposed increase would raise this to Rs. 500.00 crore, divided into 500,00,00,000 shares of Rs. 1 each.

To seek shareholder approval for this significant change, the company has scheduled an Extraordinary General Meeting (EGM) for September 11, 2025, at 11:00 a.m. The meeting will be conducted through video conferencing, in line with modern corporate practices.

Key Dates and Appointments

Excel Realty N Infra Limited has set the record date for the EGM as September 5, 2025. Shareholders on record as of this date will be eligible to participate in the voting process for the proposed capital increase.

In a move to ensure transparency and fairness in the voting process, the company has appointed M/s. S.K. Jain & Co. as the scrutinizer for both the remote e-voting and e-voting procedures during the EGM.

Implications of the Capital Increase

The proposed increase in authorized capital, if approved by shareholders, could potentially allow Excel Realty N Infra Limited to issue additional shares in the future. This move might be indicative of the company's plans for expansion, fundraising, or other strategic initiatives that require a larger capital base.

However, it's important to note that an increase in authorized capital does not immediately result in the issuance of new shares or dilution of existing shareholdings. It merely provides the company with the flexibility to issue more shares up to the new limit, subject to further corporate actions and regulatory approvals.

Shareholders and potential investors will be keenly watching the outcome of the EGM, as it could provide insights into the company's future plans and growth strategy. The market's reaction to this news in the coming days may offer additional clues about investor sentiment towards this proposed change.

As Excel Realty N Infra Limited moves forward with this significant corporate action, stakeholders will be eager to learn more about the company's plans for utilizing the expanded capital base, should the proposal receive shareholder approval.