Marathon Nextgen Realty Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting

Marathon Nextgen Realty has announced a board meeting on which it approved the financial results for the quarter and half-year, posting consolidated revenue of ₹580.14 Cr and consolidated net profit of ₹190.53 Cr for the year. The Board proposed a final dividend of 20% (₹1 per share) pending shareholder approval. Key management hires include Ashish Mehta (AVP - Internal Audit), Deepak Ramkrishna (AGM - Marketing), and Sanjeev Kumar (AVP - Project Execution). It also approved amendments to its Composite Scheme of Amalgamation, adjusting share issuance ratios for the planned demerger.