Investment6 Oct 2025, 04:29 pm
Excel Realty N Infra Ltd. to Raise Rs. 2,500 Crores via QIP, Increases Authorised Capital
AI Summary
Excel Realty N Infra Ltd. announced the outcomes of its Board meeting held on 6th October, 2025. The Board has approved a proposal to raise an aggregate amount up to Rs. 2,500,00,00,000/- (Rupees Two Thousand and Five Hundred Crores only) through a Qualified Institutions Placement (QIP). Additionally, the Board proposed to increase the Authorised Capital of the Company from Rs. 5,00,00,00,000/- (Rupees Five Hundred Crore) to Rs. 25,00,00,00,000/- (Rupees Two Thousand and Five Hundred Crores), subject to shareholder approval. The QIP issue will be in accordance with the applicable law, and the price or prices will be determined as per the applicable regulations.
Key Highlights
- Excel Realty N Infra Ltd. to raise Rs. 2,500 Crores via QIP
- QIP to be executed in accordance with applicable law
- Authorised Capital to be increased from Rs. 5,00,00,000/- to Rs. 25,00,00,000/-
- Proposed increase in Authorised Capital subject to shareholder approval
- Price for QIP to be determined as per applicable regulations