Excel Realty N Infra Ltd.
Penalties and directions recorded
- By consent, matters listed for hearing on 7 January 2026
- Stay of effect and operation of impugned SEBI order till further orders
- Stay conditional on appellant depositing 50% of penalty amount
- Balance penalty not to be recovered during pendency if deposit made
- WTM barred Company for 6 months and CMD for 2 years from securities market
SAT-appeal
- SAT matter SATV-0D1BBEB374875B3E7C04927BBy consent, matters listed for hearing on 7 January 2026Appeal: Appeal Nos. 763 of 2023 and 20 of 2024 were pending before SAT; by consent, listed on 7 January 2026.
- SAT matter SATV-22AD4388714D5C12D0A70AC8Connect Appeal No. 763 of 2023 with Appeal No. 20 of 2024 · List the connected appeals on 16 April 2024Appeal: Appeal No. 763 of 2023; order dated 1 March 2024 connected it with Appeal No. 20 of 2024 and listed both for 16 April 2024
- Alleged misrepresentation of financial statements by failing to impair long-outstanding loans and property advances, disclose related-party balances, and provide for interest-free loans to a wholly owned subsidiary.Common order disposing Appeal No. 763 of 2023 and Appeal No. 20 of 2024Appeal: Appeal No. 763 of 2023 and Appeal No. 20 of 2024, heard and reserved on 8 January 2026, disposed by SAT on 19 February 2026
- Non-compliance of accounting standards for transactions relating to period 2016-2021Stay of effect and operation of impugned SEBI order till further orders · Stay conditional on appellant depositing 50% of penalty amountAppeal: Appeal No. 763 of 2023 pending; stay granted on 26.09.2023; next listing 04.12.2023
- SAT matter SATV-E3564033A0EB305ECB100B86By consent, call on November 25, 2025Appeal: Appeal No. 763 of 2023 and Appeal No. 20 of 2024 pending; adjourned by consent to 25 November 2025
- SAT matter SATV-ED12D1DED2AF7FADA6ADDA28Adjourned by consent at respondent's request, next hearing on December 10, 2025Appeal: Appeal No. 763 of 2023 and Appeal No. 20 of 2024 with Misc. Application No. 417 of 2024 pending before SAT, adjourned to December 10, 2025
- Misrepresentation of financials FY 2016-21 by failure to provide impairment for long-outstanding loans/real-estate advances to struck-off/defaulter entities, non-disclosure of RPT balances, and no provision for Rs 22.91 cr interest-free loan to Dubai WOS Excel Infra FZE.WTM directed Company to bring back outstanding WOS loans within one year · WTM barred Company for 6 months and CMD for 2 years from securities marketAppeal: Appeal No. 763 of 2023 and Appeal No. 20 of 2024 with Misc. Application No. 417 of 2024 filed under Section 15T, heard and reserved on January 8, 2026, pronounced February 19, 2026
Source: SecMarx — Excel Realty N Infra Ltd.. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.