Board Greenlights Rs 2,500 Crore QIP: Penny Stock Gears Up For Capital Expansion; Details Inside

At its October 06, 2025, meeting, Excel Realty N Infra Ltd's Board of Directors considered and approved increasing the issuance of equity shares through Qualified Institutions Placement (QIP) for a total amount up to Rs. 2,500 Cr, including a premium, subject to the approval of the company's members. Following the setting of the issue price at the time of securities issuance, the total number of securities planned to be issued through Qualified Institutions Placement (QIP) will be determined.

The Board also approved "To Increase the Authorised Capital of the Company from Rs. 5,00,00,00,000/- (Rupees Five Hundred Crore) divided into 5,00,00,00,000 shares (Five Hundred Crore shares) of Rs. 1/- each upto an authorized capital of Rs. 25,00,00,00,000/- (Rupees Two Thousand and Five Hundred Crores) divided into 25,00,00,00,000 (Two Thousand and Five Hundred Crores shares) of Rs. 1/- each., subject to the approval of shareholders of the company," said Excel Realty N Infra in a stock exchange filing.

Recently, on October 3, 2025, Excel Realty N Infra Limited (formerly Excel Infoways Ltd.) notified the National Stock Exchange of India Limited and the BSE Limited about changes to its Memorandum of Association (MOA). The Main Object Clause was changed by a Special Resolution agreed by the company's shareholders at the Extra-Ordinary General Meeting on September 11, 2025, and authorized by the Ministry of Corporate Affairs (MCA) on October 1, 2025.

This alteration includes the addition of new main objects related to FMCG (Fast-Moving Consumer Goods), specifically the manufacturing and trading of various food products, agriculture products, and dairy products, as well as Power and Energy.

Excel Realty N Infra is an Indian company that was founded in 2003 and works in the general trade, IT/BPO, and infrastructure industries. It delivers different customer care, telemarketing, and BPO services primarily for clients in the US and UK. Excel Infoways Private Limited was the company's original name when it was founded in 2003. It changed its name to Excel Infoways Limited and then to Excel Realty N Infra Limited in 2015.

Excel Realty N Infra's net profit dropped by 0.91% to Rs 1.09 crore in the September 2025 quarter compared to Rs 1.10 crore in the September 2024 quarter. In Q2FY26, sales fell 63.08% to Rs 1.51 crore from Rs 4.09 crore in Q2FY25.