Excel Realty N Infra, soon to be renamed Landsmill Green, announced several big changes that could affect investors.
Board approves a larger share capital and a new name
The board voted to increase the authorized share capital from ₹500 crore to ₹750 crore. This means the company can issue up to 75 billion new ₹1 shares, subject to shareholder approval via a postal ballot. At the same meeting, the company also approved changing its name to Landsmill Green Limited, raising its borrowing limit, and allowing a mortgage on its assets up to ₹500 crore.
- Authorized share capital: ₹500 cr → ₹750 cr
- New name: Landsmill Green Limited
- Borrowing ceiling and mortgage limit: up to ₹500 cr
- Higher investment caps for NRIs, OCI, FIIs, and FPI
Quarter‑end results show mixed performance
For the September 2025 quarter, sales fell sharply to ₹1.51 cr, down from ₹4.09 cr a year earlier and ₹5.79 cr in the previous quarter. Operating loss widened to ₹0.67 cr, though it improved from a loss of ₹1.24 cr in the quarter before that. The operating margin turned negative at –44.37%.
Other income rose to ₹1.80 cr, helping the bottom line. Net profit came in at ₹1.09 cr, slightly lower than the ₹1.10 cr earned a year ago but far better than the ₹0.02 cr recorded in June 2025.
Share price rebounds strongly
The stock has bounced back from its May lows, gaining about 120% to trade around ₹1.45 per share. It briefly approached its record high of ₹1.85 in September but fell short as some investors took profits.
Since October 2019, the share price has risen from ₹0.05 to over ₹1.45, a gain of roughly 2,800%.
What investors should consider
The capital increase and name change could give the company more flexibility to raise funds and expand its business. However, the recent drop in sales and a widening operating loss suggest that profitability remains a challenge. Keep an eye on shareholder voting results and future earnings reports.
Remember, this is perspective, not prediction. Do your own research before making any investment decisions.