Excel Realty N Infra Limited , formerly known as Excel Infoways Ltd, has scheduled a crucial board meeting for October 24, 2025, to deliberate on several significant corporate matters. The meeting, set to take place at 4:00 PM at the company's registered office in Mumbai, comes on the heels of recent developments following an announcement made on October 6, 2025.

Key Agenda Items

The board will consider and discuss the following important matters:

Capital and Corporate Identity Changes

• Increase in the authorized share capital
• Change in the company name
• Amendment to the object clause of the Memorandum of Association

Financial Decisions

• Reconsideration of fund-raising decisions from the October 6, 2025 board meeting
• Evaluation of revised proposals for fund-raising through various means, including:
  • Preferential allotment
  • Convertible warrants
  • Qualified Institutional Placement (QIP)
  • Other permissible instruments/modes

Leadership Changes

• Appointment of two new executive directors:
  • Mr. Praveen Kumar Agrawal (DIN: 01091047)
  • Mr. Garvit Agarwal (DIN: 08560082)
• Resignation of Ms. Ranjana Khurana (DIN: 00623034) as Whole Time Director

Operational Changes

• Change in the registered office location of the company

Trading Window Closure

In compliance with 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 its securities. This closure will be in effect from the date of the announcement until October 28, 2025, applicable to directors and specified persons as defined in the company's code.

Shareholder Approval

It's important to note that many of these proposed changes, including the increase in authorized share capital, company name change, and appointments of new directors, will be subject to shareholder approval.

This board meeting marks a potentially transformative moment for Excel Realty N Infra Limited, with decisions that could significantly impact its capital structure, corporate identity, and leadership team. Shareholders and market observers will be keenly awaiting the outcomes of this meeting and any subsequent extraordinary general meeting (EGM) that may be called to seek shareholder approval for these proposed changes.

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.