Excel Realty N Infra Ltd announced the outcome of its Board Meeting held on December 22, 2025. The Board approved the appointment of Ms. Runel Saxena as Additional Non-Executive Independent Director for a period of five years, subject to member approval. Ms. Saxena will also be inducted into the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee, leading to the reconstitution of these committees. The Board also approved a significant increase in the authorized share capital from ₹500 Crore to ₹7,500 Crore, comprising 7,500 Crore equity shares of ₹1 each. This requires an amendment to the Memorandum of Association, pending member approval via postal ballot. Furthermore, the company proposed a change in its name from Excel Realty N Infra Limited to Landsmill Green Limited. This change, along with consequential amendments to the Memorandum and Articles of Association, is also subject to member approval through postal ballot. Other key approvals include increasing the company's borrowing limit up to ₹500 Crore and the creation of a mortgage or charge on company assets up to ₹500 Crore, both requiring member approval. The Board also approved an increase in investment limits for Non-Resident Indians, Overseas Citizens of India, Foreign Institutional Investors, and Foreign Portfolio Investors, subject to member approval via postal ballot. The Postal Ballot Notice was approved, and M/s. NVB & Associates have been appointed as Scrutinizers for the e-voting process. The Board Meeting commenced at 04:00 P.M. and concluded at 05:00 P.M.
