Excel Realty N Infra formerly known as Excel Infoways Limited has made significant changes to its Memorandum of Association (MOA). The company has officially informed the exchanges that it has received approval from the Ministry of Corporate Affairs (MCA). These amendments were passed by the companys shareholders during the Extraordinary General Meeting (EGM) held on September 11 and were subsequently registered with the MCA on October 1 2025. One major amendment involves an increase in the companys authorized share capital. Previously this amount was ₹150 crore divided into 150 crore equity shares of ₹1 each. It has now been raised to ₹500 crore divided into 500 crore equity shares of ₹1 each. This proposal was approved through an Ordinary Resolution. The increase in authorized share capital will provide the company with greater financial capacity to attract further investment expand operations and undertake new projects. Additionally the company has amended Clause III of the Memorandum of Association. This clause outlines the main objectives of the company which now include conducting business in the FMCG (Fast Moving Consumer Goods) power and energy sectors. With this expansion the company will be able to manufacture package and distribute food and agriculture-based products in the FMCG sector. In the power and energy sectors the company will develop construct and provide consulting services for power and energy projects. This includes engineering services project execution electrical power system development and deployment of energy distribution networks. At present shares of the company are trading down by more than 1.5%. However the stock has yielded impressive multi-bagger returns of over 132% over the past year. Year-to-date the stock has delivered a return of 37.60% and over a five-year period it has provided investors with a remarkable return of 2357%.