Penny Stock under ₹10: Excel Realty N Infra share price rallied as much as 4.39% to ₹1.19 apiece in Monday’s trading session after the company announced that board meeting on December 22 to discuss business updates.
The penny stock has remained volatile in the near-term. The scrip has descended 21% in a month, however, has given whopping 50% returns in just six months.
Excel Realty N Infra share price has given multibagger returns to its long-term investors by surging nearly 440% in last five years.
Excel Realty N Infra board meeting details
In a filing on December 13, Excel Realty N Infra informed the exchanges that company will hold a board meeting on December 22 in its Mumbai office.
In the meeting, the board will consider following business updates –
- Appointment of Mr. Runel Saxena as Non- Executive Independent Director of the company,
- Change in Designation of Mr. Lakhmendra Chamanlal Khurana from Director to Whole-Time Director.
- Change of Name of the Company, subject to the approval of Members of the company.
- Increase in the Authorized Share Capital of the Company, subject to the approval of the Members of the company.
- Borrowing Limit of the Company, subject to the approval of the Members of the Company.
6. Mortgage Power of the Company, subject to the approval of the Members of the Company.
7. Approval of Postal Ballot Notice of the Company.
(This is a developing story)
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
