New Delhi, Oct. 7 -- Excel Realty N Infra share price hit 2% lower circuit on Tuesday amid heavy selling pressure. The penny stock declined as much as 2% to Rs.1.69 apiece on the BSE.

The Board of Directors of the Company held its meeting held on October 06, 2025 and considered and approved increasing the QIP size by Rs.2,500 crore and also increasing the Authorised Capital of the company by Rs.2,000 crore.

The company's board approved to raise the issue of equity shares through Qualified Institutions Placement (QIP) for an aggregate amount up to Rs.2,500 crore (inclusive of such premium) subject to the receipt of approval of the members of the company.

"The total number of securities proposed to be issued through Qualified Institution...