Penny Stock To Consider Raising Funds Up to Rs 2,500 Cr, Schedules October 6 Board Meeting

The Board of Directors of Excel Realty N Infra Ltd, a small-cap company in the IT/BPO industry, has scheduled a meeting for October 6, 2025, to consider a major fundraising plan and an increase in authorized share capital.

"This is to inform you that in terms of Regulation 29 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 the Meeting of the Board of Directors of the Company is scheduled to be held on Monday, October 06, 2025 at 2.00 p.m at Registered Office of the company situated at 31-A, Laxmi Industrial Estate, New Link Road, Andheri(W) Mumbai-400053 inter alia: 1. To discuss and evaluate the proposal to enhance the amount of funds to be raised through preferential allotment, issue of convertible warrants, Foreign Currency Convertible Bonds (FCCBs), Qualified Institutional Placement (QIP) or any other permissible instruments/modes, subject to necessary approvals from Shareholders, regulatory bodies and other stakeholders from the previously approved amount of up to Rs 500 crores to an increased amount of up to 2,500 crores, subject to the necessary approvals from Shareholders, regulatory bodies and other stakeholders. The earlier approval for raising funds up to 2500 crores was granted by the board of directors in the meeting held on August 29, 2025. 2. To Increase Authorised Capital of the Company from 2500 crores to Rs 2,500 crores, subject to the necessary approvals from Shareholders, regulatory bodies and other stakeholders," said Excel Realty N Infra in a stock exchange filing on Tuesday.

"Further, pursuant to the provisions of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and the Company's code of Conduct for Prevention of Insider Trading, the trading window for dealing with securities of the Company will be closed from the date of this intimation till Wednesday, October 08, 2025, for the Directors and Specified Persons as defined in the Code and the same has been informed to them," Excel Realty N Infra has further informed to stock exchanges.

Founded in 2003, Excel Realty N Infra Limited is a public limited company based in India that specializes in general trading, infrastructure development, and IT/BPO services. With its main office located in Mumbai, Maharashtra, the firm specializes in offering customer contact center services, such as telemarketing, collections, and customer care, mostly to customers in the US and the UK.

On Wednesday, 24th September, the shares of Excel Realty N Infra were locked in a 2% lower circuit limit at Rs 1.54 per share. The market cap of the company was Rs 217.25 Cr.