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Marathon Nextgen Realty Limited ( (IN:MARATHON) ) has provided an update.
Marathon Nextgen Realty Limited has announced that its Board of Directors has approved a Composite Scheme of Amalgamation and Arrangement involving several entities, including Matrix Water Management Private Limited and Sanvo Resorts Private Limited. The scheme, which is subject to necessary legal approvals, aims to amalgamate and demerge various projects and land holdings across Mumbai and Raigad District, enhancing the company’s operational efficiency and market positioning.
More about Marathon Nextgen Realty Limited
Marathon Nextgen Realty Limited is a prominent player in the real estate industry, primarily focusing on the development of residential and commercial properties. The company is known for its strategic projects across key locations in Mumbai and surrounding areas, catering to a diverse market segment.
YTD Price Performance: -14.26%
Average Trading Volume: 7,821
Current Market Cap: 26.38B INR
Learn more about MARATHON stock on TipRanks’ Stock Analysis page.