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.

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:

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:

1. Landsmill Green Energies Ltd
2. Landsmill Green Limited
3. 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:

1. Generation, production, and distribution of various forms of energy, including solar, wind, hydro, and other renewable sources.
2. Design, development, and manufacturing of solar energy systems and equipment.
3. 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.