Marathon Nextgen Realty Limited — Board Meeting, 11-11-2024: Outcome of Board Meeting

Marathon Nextgen Realty Ltd. has announced a board meeting to discuss the financial results for the quarter and half-year ended September 30, 2024, as well as key agenda items including the acquisition of 100% shareholding in Nexzone IT Infrastructure Private Ltd., Nexzone Water Management Private Ltd., and Kanchi Rehab Private Ltd. The board also approved a Postal Ballot Notice for shareholders to seek consent for increasing the fundraising limit from ₹500 crores to ₹1000 crores. Additionally, the board will consider the reappointment of independent directors.