Excel Realty N Infra , a company listed on both BSE and NSE, has received approval from the Ministry of Corporate Affairs (MCA) for significant amendments to its Memorandum of Association. These changes, which were approved by shareholders at an Extra-Ordinary General Meeting on September 11, 2025, mark a strategic shift in the company's business focus and capital structure.

Authorized Capital Increase

In a move to strengthen its financial position, Excel Realty N Infra has substantially increased its Authorized Share Capital. The company's capital base has more than tripled, rising from Rs 150.00 crore to Rs 500.00 crore. This increase was approved through an Ordinary Resolution passed by the shareholders.

Expansion into New Business Sectors

The company has also made significant alterations to its Main Object Clause, indicating a strategic diversification of its business activities. The amendments, approved via Special Resolution, expand Excel Realty N Infra's scope to include:

FMCG Operations

• Manufacturing and trading of agro-based food products
• Dairy products processing and distribution
• Production of cereals, processed foods, and various food items
• Engagement in fruit, vegetable, and meat product processing

Power and Energy Sector

• Electrical power engineering consultation
• Establishment of energy distribution networks
• Development of technology platforms for power trading

Corporate Identity Number Update

Following these amendments, Excel Realty N Infra's Corporate Identity Number (CIN) has been updated to L41001MH2003PLC138568, reflecting the changes in the company's object clause.

Management's Perspective

Lakhmendra Khurana, Chairman & Managing Director of Excel Realty N Infra, stated in the company's filing, "These amendments represent a significant step in our company's growth strategy. By diversifying into FMCG and power sectors, we aim to capitalize on new market opportunities and create additional value for our shareholders."

Financial Position

As of the latest available data, Excel Realty N Infra's paid-up capital stands at Rs 141.07 crore. The substantial increase in authorized capital to Rs 500.00 crore provides the company with considerable flexibility for future fundraising and expansion plans.

Conclusion

These strategic moves by Excel Realty N Infra signal a major shift in the company's business model. By expanding into the FMCG and power sectors while significantly increasing its authorized capital, the company is positioning itself for potential growth and diversification. Investors and market watchers will be keen to observe how these changes translate into operational and financial performance in the coming quarters.

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.