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A small cap company, Excel Realty N Infra Limited has a market valuation of 84.55 Cr. The company is involved in the commercial services industry. The company engages in general trade as well as the business of IT/BPO (Business Process Outsourcing) and customer contact centres situated in India. The clients of Excel Realty N Infra Ltd. can choose from a wide range of specialised and affordable call centre outsourcing and BPO solutions.

The Board of Directors of the company has said in a record filing that “In reference to regulation 29 of SEBI (Listing Obligation & Disclosure Requirement) Regulation, 2015, we wish to inform you that the Board of Directors of the Company in their meeting held on Thursday, 4th August, 2022 at the Registered Office of the Company at 31A, Laxmi Industrial Estate, New Link Road, Andheri West, Mumbai - 400 053 to consider and approve the following business matters: Sub division/Split of Equity Shares of the Company from 1(One) Equity share having face value of Rs.10/- (Rupee Ten only) each to 10 (ten) Equity Shares having face value of Rs. 1/- (Rupee One only). Such Sub division will be subject to the approval of shareholders in the upcoming Annual General Meeting (AGM). The record date for such sub division/split shall be decided by the Board and will be initiated to the exchange.

Increase in Authorized Share Capital of the Company from Rs. 100, 00, 00,000 (One Hundred Crores Only divided into 100, 00,00,000 of Equity share having face value of Rs. 1 each) to Rs. 150,00,00,000 (One Hundred Fifty Crores Only divided into 150,00,00,000 of Equity share having face value of Rs. 1 each ) and consequently alteration in Clause V of the Memorandum of Association of the Company, subject to the approval of the Shareholders in the upcoming Annual General Meeting (AGM).

Issue of 1 (One) Bonus equity share of face value of Rs. 1 /- (Rupee One Only) for every 2 (Two) fully paid -up equity share of Rs. 1 /- (Rupee One Only)."

Stock split details of Excel Realty N Infra Limited as per the data of stock exchanges

Split ratio: The Board considered the proposal for sub-division of 1 equity share of the Company having face value of Rs. 10/- each into 10 (Ten) equity shares having face value of Rs. 1/- each, subject to regulatory/statutory approvals as may be required and the approval of the shareholders of the Company.

Expected time of completion: Subject to the approval of the Members and Statutory authorities, as may be necessary within 2 Months from the date of announcement by the Board of Directors, i.e. on or before 3rd October, 2022.

Pre and Post Share Capital: Pre Split (No. of Shares)- Authorized: 10,00,00,000 Equity Shares of Rs. 10/- each, Paid Up: 9,40,46,337 Equity Shares of Rs.10/- each, Subscribed: 9,40,46,337 Equity Shares of Rs. 10/- each. Post Split (No of Shares)- Authorized: 150,00,00,000 Equity Shares of 1 each, Paid Up: 94,04,63,370 Equity Shares of Rs. 1 each, Subscribed: 94,04,63,370 Equity Shares of Rs. 1 each.

Bonus share details of Excel Realty N Infra Limited as per the data of stock exchanges

Type of issuance (further public offering, rights issue, depositary receipts (ADR/GDR), — qualified institutional placement,. Preferential allotment, etc.): Bonus Issue of Equity Shares

Total number of securities proposed to be issued the total amount for which securities will be issued (approximately): 47,02,31,685 Equity Shares of 1/- each.

Whether the bonus is out of free reserves created out of profits or share premium: Yes

Bonus Ratio: 1:2, ie.1 (One) Equity Share of Rs. 1/- (Rupee One only) each for every 2 (Two) existing Equity Shares of Rs. 1/- (Rupee One only) each, held by the members of the Company as on the Record Date.

Details of Share Capital- pre and post bonus issue: Pre Bonus Issue (face value Rs. 1)- Authorized shares: 100,00,00,000, paid-up shares: 94,04,63,370, subscribed shares: 94,04,63,370. Post Bonus Issue (face value 1)- Authorized shares: 150,00,00,000, paid-up shares: 141,06,95,055, subscribed shares: 141,06,95,055.

Free reserves and/or Share premium required for implementing the Bonus Issue: 47,02,31,685

Free Reserves and/or Share Premium available for capitalization and the date as on which such balance is available: As on 31st March, 2022, aggregating amount of Rs. 62.73 Crore is available for capitalization.

Estimated date by which such bonus shares would be credited/dispatched: Subject to the approval of the Members and Statutory authorities, as may be necessary within 2 Months from the date of announcement by the Board of Directors, i.e. on or before 3rd October, 2022.

The shares of Excel Realty N Infra Ltd closed today at 8.90 apiece, up by 3.49% from the previous close. In the last 1 year, the stock has delivered a multibagger return of 157.97% and on a YTD basis, the stock has dropped 6.81% so far in 2022.

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