Multibagger Penny Stock Under Rs 2: This BPO Company Raises Authorised Capital to Rs 500 Crore, Adds FMCG and Energy Business to MOA

DSIJ Intelligence-2 / 04 Oct 2025/ Categories: Mindshare, Multibaggers, Penny Stocks, Trending

Multibagger Penny Stock Under Rs 2: This BPO Company Raises Authorised Capital to Rs 500 Crore, Adds FMCG and Energy Business to MOA

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 0.65 per share and a whopping 2,050 per cent in 5 years. 

Excel Realty N Infra Limited (formerly Excel Infoways Ltd.) has announced significant amendments to its Memorandum of Association (MOA) after receiving approvals from the Ministry of Corporate Affairs (MCA). The changes were approved by shareholders during the Extra-Ordinary General Meeting (EGM) held on September 11, 2025, and registered by the MCA on October 01, 2025.

The first amendment relates to the company’s Authorized Share Capital. The capital was increased from Rs 150 crore, divided into 150 crore equity shares of Re. 1 each, to Rs 500 crore, divided into 500 crore equity shares of Re. 1 each. This increase was passed through an Ordinary Resolution.

The second amendment expands the company’s business objects. The Main Object Clause has been altered by Special Resolution to include new sectors such as Fast Moving Consumer Goods (FMCG), Power, and Energy.

Under FMCG, the company can now manufacture, trade, pack, and deal in products including agro-based food items such as rice, gram, and wheat, as well as dairy, poultry, seafood, fast foods, and instant foods. The scope also allows for setting up of dairy farms, milk processing plants, food processing plants, and cold storage facilities.

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In Power and Energy, the company has been authorized to undertake engineering consultation, project execution, and development of electrical power and other energy-related activities. This includes planning, promoting, and acquiring distribution networks or systems, as well as developing trading platforms.

Additionally, new clauses enable Excel Realty N Infra to provide physical and electronic platforms for services such as vehicle hiring (cars and fleet Taxis) and technology-enabled business-to-consumer transactions.

About Company

Incorporated in 2003, Excel Realty N Infra Limited (formerly Excel Infoways Limited) is engaged in infrastructure development, IT-enabled BPO services, and general trading. The company’s IT/BPO segment provides customer care and workflow management services through inbound and outbound operations, though it reported no revenue in FY23. Its general trading division generated Rs 5.2 crore in FY23, while infrastructure activities contributed Rs 1.23 crore, involving the design, development, and Construction of projects with a focus on residential and annuity business.

The company has a market cap of over Rs 240 crore and its stock is trading at 1.39 times its book value. The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 0.65 per share and a whopping 2,050 per cent in 5 years. 

Disclaimer: The article is for informational purposes only and not investment advice.