LANDSMILLNSELandsmill Green LimitedMediumNeutral
Announced Thu, 26 Mar · 20:51 IST

Excel Realty N Infra Limited has informed the Exchange regarding Outcome of Board Meeting held on March 26, 2026.

Board & Shareholder Meetings View source PDF

LANDSMILL · price

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

Price reaction · full curve 14 horizons · vs prior close
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AI summary

At a board meeting held on March 26, 2026, Landsmill Green Limited approved the resignations of three directors — two Non-Executive Independent Directors (Mr. Rajat Raja Kothari and Mr. Himanshu Surendra Kumar Gupta) and one Whole-Time Director (Mr. Garvit Agarwal) — all citing pre-occupation and personal commitments, effective the same day. The Board also approved a proposal to change the company's name again, this time from 'Landsmill Green Limited' to either 'Poweris Green Energies Limited', 'Voltasure Green Energies Limited', or 'Ecovira Green Energies Limited', signalling a strategic shift toward the green/renewable energy space. A postal ballot notice was approved, with e-voting open from March 29 to April 27, 2026 (cut-off date March 20, 2026), and results to be declared by April 28, 2026. The Board also acknowledged that a required Practicing Chartered Accountant certificate for the earlier name change was inadvertently missed and has since been rectified. M/s. NVB & Associates was appointed as scrutinizer for the e-voting process.

Likely market impact

Shareholders should note significant board-level churn happening simultaneously with a second name change in quick succession, pointing to a corporate rebranding pivot toward green energy — though underlying business changes are not detailed. Investors should monitor the postal ballot outcome (by April 28, 2026) for confirmation of the final new name and watch for any further clarity on the company's revised business direction.