Excel Realty N Infra Reports Robust Q2 Results, Plans Major Capital Increase and Rebranding

Excel Realty N Infra Limited has announced significant developments in its recent board meeting, including strong quarterly results, plans for a substantial increase in authorized capital, and a proposed name change to align with its expanding focus on renewable energy.

Q2 Financial Performance

For the quarter ended September 30, Excel Realty N Infra reported impressive financial results:

Metric	Standalone (Rs. Crore)	Consolidated (Rs. Crore)
Net Profit	32.90	10.30
Revenue from Operations	151.27	151.27
Total Revenue	349.61	331.45
Profit Before Tax	127.05	106.85

The company's infrastructure segment generated a revenue of Rs. 151.27 crore for the quarter, demonstrating strong performance in this sector.

Capital Expansion and Rebranding

The Board of Directors has approved a significant increase in the company's authorized capital from Rs. 500 crore to Rs. 7,500 crore, subject to shareholder approval. This fifteen-fold increase in capital base suggests the company is preparing for substantial growth and expansion.

Additionally, Excel Realty N Infra is considering a name change to better reflect its evolving business focus. The proposed new names include:

Landsmill Green Energies Ltd
Landsmill Green Limited
Landsmill Green Future Limited

This rebranding initiative aligns with the company's plans to expand into renewable energy, solar systems, and biofuel businesses.

Business Expansion

The company plans to alter its main objects to include:

Generation, production, and distribution of various forms of energy, including solar, wind, hydro, and other renewable sources.
Design, development, and manufacturing of solar energy systems and equipment.
Production and distribution of biofuels, including ethanol, biodiesel, and green hydrogen.

These additions to the company's objectives signal a strategic shift towards sustainable and renewable energy sectors.

Leadership Changes

Excel Realty N Infra announced key changes in its leadership:

Mr. Garvit Agarwal has been appointed as an Additional Executive Director. With over 7 years of experience in infrastructure, agriculture, renewable energy, and finance, Mr. Agarwal brings valuable expertise to the board.
Ms. Ranjana Khurana has resigned from her position as Whole Time Director due to personal reasons, effective November 11.

Other Corporate Actions

The company also disclosed plans to shift its registered office from Mumbai to Nashik, subject to necessary approvals. This move may be part of the company's broader restructuring efforts.

Excel Realty N Infra's focus on renewable energy, coupled with its strong financial performance and strategic initiatives, positions the company for potential growth in the evolving energy sector. Shareholders and investors will be watching closely as these changes unfold in the coming months.

Note: All financial figures are based on the unaudited results for the quarter ended September 30.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.69%	-2.03%	-7.64%	+101.39%	-18.08%	+1,511.11%

Excel Realty N Infra Limited , formerly known as Excel Infoways Ltd., has successfully obtained approval from the National Stock Exchange of India (NSE) for a waiver of fines related to alleged non-compliance with listing regulations. The company received this favorable decision on November 4, 2025.

Waiver Details

The NSE has approved Excel Realty N Infra's application for waiver of fines pertaining to non-compliance with the following regulations for the quarter ended June 30, 2025:

Regulation	Description
18(1)	Audit Committee
19(1)/(2)	Nomination and Remuneration Committee
20(2)/(2A)	Stakeholders Relationship Committee

Compliance Timeline

Excel Realty N Infra had initially intimated the stock exchanges about this matter on August 30, 2025. Following this, the company submitted a waiver application to the NSE, which was reviewed and approved by the Relevant Authority of the Exchange.

NSE's Advisory

While granting the waiver, the NSE has advised Excel Realty N Infra to ensure compliance with Listing Regulations and any other applicable regulations in the future. This underscores the importance of maintaining regulatory adherence for listed companies.

Company's Disclosure

In compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015, Excel Realty N Infra promptly disclosed this development to both the NSE and the Bombay Stock Exchange (BSE) on November 5, 2025. The disclosure was signed by Lakhmendra Khurana, the Chairman & Managing Director of the company.

This waiver approval comes as a positive development for Excel Realty N Infra, potentially alleviating financial penalties and reinforcing the importance of regulatory compliance in the Indian stock market.