Excel Realty n Infra Ltd has announced key leadership changes. The board approved the re-designation of Whole-Time Director Ankit Mehra as Managing Director, succeeding Lakhmendra Khurana, who resigned from the MD and Chairman roles but will remain on the board. The company also shifted its registered office to Powai, Mumbai.
At its board meeting on November 17, 2025, Excel Realty n Infra Ltd announced significant leadership and administrative updates aimed at enhancing corporate governance and operational efficiency.
The board approved the re-designation of Mr. Ankit Mehra (DIN: 07669838) from Whole-Time Director to Managing Director, effective November 18, 2025, subject to member approval via postal ballot. Mehra, an IT and management professional with over 14 years of techno-commercial experience across major global firms including British Telecom and Tech Mahindra, is credited with spearheading technology-driven initiatives at the company.
Simultaneously, Mr. Lakhmendra Chamanlal Khurana (DIN: 00623015), the outgoing Chairman and Managing Director, tendered his resignation from those positions but will continue as a Director pending shareholder approval. Khurana, one of the founding promoters, brings over four decades of industry experience and will remain involved in a non-executive capacity.
The company also announced the relocation of its registered office from Andheri (West) to Solaris No. 1, Powai, Mumbai, reflecting an operational shift to an upgraded workspace.
Notable updates:
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Ankit Mehra named new Managing Director.
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Lakhmendra Khurana steps down but remains on the board.
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Registered office shifted to Powai, Mumbai.
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Changes subject to shareholder approval via postal ballot.
Source: NSE Circular