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Marathon Nextgen Realty Limited ( (IN:MARATHON) ) has provided an update.
Marathon Nextgen Realty Limited has disclosed a change in promoter group shareholding under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing was made to both BSE and NSE in compliance with continual disclosure norms.
Promoter group member Ansuya Ramniklal Shah acquired 23,000 equity shares via market purchase on the NSE, increasing her holding from 600 shares to 23,600 shares. This incremental acquisition marginally raises the promoter group stake, signaling continued promoter interest and aligning with regulatory expectations on transparency for insider trades.
More about Marathon Nextgen Realty Limited
Marathon Nextgen Realty Limited is an Indian real estate developer listed on BSE and NSE, operating in the property and construction sector. The company focuses on developing residential and commercial projects, serving urban markets such as Mumbai and surrounding regions, and is part of a promoter-driven corporate structure typical of listed realty firms.
Average Trading Volume: 3,550
Technical Sentiment Signal: Hold
Current Market Cap: 28.21B INR
For an in-depth examination of MARATHON stock, go to TipRanks’ Overview page.