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Marathon Nextgen Realty LimitedImportant, 30-06-2025: Committee Meeting Updates

30-06-2025 | 11:33 pm

Marathon Nextgen Realty Limited has announced a board meeting for approving the financial results for the quarter and half-year. Separately, the company’s Operations Committee closed its Qualified Institutions Placement (QIP) with an issue of 1.62 crore equity shares at a price of ₹555.13 each, including a premium of ₹550.13 per share. The pricing reflects a discount on the floor price. Allocation notes have been sent to qualified institutional buyers, and refund intimations will be issued where applicable. This fundraise strengthens the company’s capital base for growth initiatives.

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