Excel Realty N Infra Ltd. Publishes Newspaper Notice of Postal Ballot
Excel Realty N Infra Limited, formerly known as Excel Infoways Ltd., has submitted a copy of the notice of postal ballot published in the Financial Express and Mumbai Lakshdip newspapers dated Decembe...
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Why is Excel Realty N Infra Limited in the news today?
Excel Realty N Infra Limited (EXCEL) is in the news due to the announcement is a routine regulatory filing regarding a postal ballot for creating a charge on company assets to secure loans. it does not contain any new financial information or significant business updates that would warrant a positive or negative sentiment.
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Excel Realty N Infra Ltd. Publishes Newspaper Notice of Postal Ballot
December 27, 2025, 06:04 AM
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Excel Realty N Infra Limited, formerly known as Excel Infoways Ltd., has submitted a copy of the notice of postal ballot published in the Financial Express and Mumbai Lakshdip newspapers dated December 25, 2025. This publication is in compliance with Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015.
The notice pertains to the company's intention to pass a special resolution regarding the creation of a charge on the company's assets to secure loans. This action is in accordance with Section 366 read with Section 180(1)(c) of the Companies Act, 2013, and Regulation 4(1) of the Companies (Share Capital and Debentures) Rules, 2014.
Specifically, the company intends to create a charge on its movable and immovable properties to secure outstanding loans. The notice details the company's business activities, which include the development, construction, and sale of properties, as well as other related activities. It also specifies the registered office of the company and provides contact information for any queries.
The notice further states that the company's registered office is located at Solaris No. 1 F Wing Unit No.187, S.V. Road, Powai, Mumbai - 400072. It also mentions that the company is in the process of creating a charge on its assets for securing loans. The details of the loan and the charge are provided, along with the consequences of non-compliance.
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