Marathon Nextgen Realty Limited — Updates, 31-03-2025: Scheme of Arrangement

Marathon Nextgen Realty Limited (MNRL) has announced a board meeting to approve a Composite Scheme of Amalgamation and Arrangement involving multiple entities, including Matrix Water Management Private Limited and Sanvo Resorts Private Limited. The scheme, effective from January 1, 2025, aims to streamline operations by merging certain projects into MNRL, thereby enhancing asset value and operational efficiency. The share price for exchange has been revised upward to ₹575, benefiting public shareholders. This strategic restructuring simplifies the corporate structure and could attract strategic investors, creating a positive outlook for MNRL's growth trajectory.