- Business
- Excel Realty N Infra Limited engages in infrastructure development, IT-enabled business process outsourcing (BPO), and general trading activities primarily in India. Incorporated in 2003 and headquartered in Mumbai, the company offers customer care services including inbound and outbound call center operations, telemarketing, collections, technical support, and client relationship management for sectors such as telecommunications, financial services, and healthcare; infrastructure projects encompassing real estate development, agricultural land initiatives, stormwater drainage solutions, and mining collaborations; and general trading in various goods. It operates through a 150-seat facility in Mumbai's Andheri area for BPO services and maintains a diversified portfolio across residential and commercial segments.
In recent developments, the company approved a major corporate restructuring in November 2025, proposing to increase authorised capital from Rs 500 crore to Rs 7,500 crore and pivot its primary focus to the renewable energy sector, including power generation from solar, wind, hydro, geothermal, and green hydrogen sources; development of renewable energy parks; engineering, procurement, and construction (EPC) services; operation and maintenance; trading in electricity, renewable energy certificates, and carbon credits; and manufacturing of solar systems and biofuels such as ethanol and biodiesel, subject to shareholder and regulatory approvals. This strategic shift amends the memorandum of association to encompass the full renewable energy value chain, marking a departure from its prior emphasis on infrastructure, BPO, and trading. Additional changes include Memorandum of Association amendments approved in October 2025 to expand into FMCG, power, and energy platforms following an extraordinary general meeting; leadership transitions in November 2025 with Ankit Mehra re-designated as Managing Director and Lakhmendra Chamanlal Khurana stepping down as Chairman but remaining a Director; a registered office relocation within Mumbai for operational efficiency; and a qualified institutional placement (QIP) of up to Rs 2,500 crore alongside authorised capital increase to Rs 2,500 crore in October 2025. The company, formerly known as Excel Infoways Limited until its name change in May 2015, continues to serve domestic markets with low debt levels and focuses on process excellence and innovation.