LANDSMILLNSELandsmill Green LimitedMinimalNeutral
Announced Tue, 24 Mar · 13:10 IST

Certificate of Practicing Chartered Accountant under Regulation 45 of SEBI (LODR) Regulations, 2015 for proposed change in name of the Company

LANDSMILL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Landsmill Green Limited (NSE symbol: EXCEL) has submitted a Practicing Chartered Accountant's certificate to NSE as part of the process to change its name from 'Excel Realty N Infra Limited' to 'Landsmill Green Limited.' The CA confirms that the company meets SEBI's Regulation 45 conditions for a name change: more than one year has passed since the last name change, and over 50% of its revenue in the preceding year came from trading activity (Rs. 578.55 Lakhs for the period ending December 31, 2025), with no revenue from the 'new business activity' suggested by the proposed new name. This certificate is a procedural requirement linked to the Postal Ballot Notice dated December 22, 2025, through which shareholders will vote on the name change. The filing was signed by Managing Director Ankit Mehra on March 24, 2026.

Likely market impact

This is a procedural regulatory filing, not an operational event. The name change is subject to shareholder approval via postal ballot. If approved, the new name 'Landsmill Green Limited' better aligns with the company's actual revenue mix, which is predominantly from trading rather than realty/infrastructure. Investors should watch for the postal ballot result; the stock symbol (EXCEL) and operations remain unchanged for now.