Excel Realty N Infra Ltd , a Mumbai-based company, has announced significant changes in its leadership structure and operational setup, as per the latest board meeting outcome.

Leadership Transitions

The board of Excel Realty N Infra has approved several key changes in its top management:

1. New Managing Director: Mr. Ankit Mehra, previously serving as a Whole-Time Director, has been re-designated as the Managing Director of the company. This appointment is subject to shareholder approval through a postal ballot.

2. Resignation of Chairman: Mr. Lakhmendra Chamanlal Khurana has stepped down from his positions as Chairman and Managing Director. However, he will continue to serve on the board as a Director, pending shareholder approval.

Profile of the New Managing Director

Mr. Ankit Mehra brings a wealth of experience to his new role:

• Educational Background: Bachelor's degree in Computers and a Master's in Systems and IT
• Professional Certifications: PMP and Prince2 in Project & Program Management
• Experience: 14 years in Information Technology across various domains including Healthcare, Telecom, IT-Consulting, IT-Integration, KPOs, and BPOs
• Previous Roles: Program Manager at Computer Science Corporation, handling projects for Zurich Financial Services, North America
• Expertise: Business-to-Business (B2B) operations, Onshore-Offshore Transitions

Registered Office Relocation

In a move aimed at enhancing operational efficiency, the company has decided to shift its registered office within Mumbai:

The company stated that this relocation is intended to bring the registered office closer to administrative control and improve overall business operations.

Rationale for Changes

Excel Realty N Infra Ltd emphasized that these changes are part of their strategy to:

• Transform into a more cost-efficient business
• Enhance operational efficiency
• Facilitate smoother management of operational matters
• Improve the overall convenience of carrying out business activities

The board meeting, which resulted in these decisions, commenced at 04:00 P.M. and concluded at 05:25 P.M on November 17, 2025.

These corporate actions reflect Excel Realty N Infra's efforts to streamline its operations and strengthen its leadership team, potentially positioning the company for future growth and improved performance in the real estate and infrastructure sectors.

Excel Realty N Infra Limited , formerly known as Excel Infowaya Ltd., has announced significant leadership changes and an upcoming board meeting, signaling a new chapter for the company.

Leadership Changes

The company has disclosed the following key leadership changes:

1. Resignation of Chairman and Managing Director: Lakhmendra Chamanlal Khurana (DIN: 00623015) will step down from his positions as Chairman and Managing Director. However, he will continue to serve as a Director on the company's board.

2. New Managing Director: Ankit Mehra (DIN: 07669838) will be redesignated from Whole-Time Director to Managing Director of the company.

Upcoming Board Meeting

A meeting of the Board of Directors is scheduled for Monday, November 17, 2025, at the company's registered office in Mumbai. The board will convene to formally address these leadership changes and other matters.

Change in Registered Office

In a revision to a previous announcement made on November 11, 2025, the company clarified that the change in its registered office will be within the city of Mumbai, rather than outside the city as initially stated.

Trading Window Closure

In compliance with the Securities and Exchange Board of India (SEBI) regulations on insider trading, Excel Realty N Infra Limited has implemented a trading window closure. This restriction applies to directors and specified persons as defined in the company's code of conduct for the prevention of insider trading.

Company Information

These developments mark a significant transition in Excel Realty N Infra Limited's leadership structure. The upcoming board meeting is expected to formalize these changes and potentially set new directions for the company's future operations and strategies.

Investors and stakeholders are advised to monitor further announcements from the company for any additional information or decisions that may emerge from the scheduled board meeting.