Marathon Nextgen Realty Limited — Important, 23-06-2025: Committee Meeting Updates

Marathon Nextgen Realty Limited has announced a board meeting to approve a Qualified Institutions Placement (QIP) of its equity shares. The Operations Committee has approved the QIP documents and set the floor price at ₹584.34 per share, with a possible discount of up to 5%. The issue is targeted at eligible institutional investors to raise capital, reflecting the company’s move to strengthen its financial position. The trading window remains closed for insiders until 48 hours after the issue price finalization, ensuring compliance with internal codes.