Marathon Nextgen Realty Limited — Important, 01-07-2025: Committee Meeting Updates

Marathon Nextgen Realty has announced a board meeting to approve the allotment of 1.62 crore equity shares through a Qualified Institutions Placement (QIP) at ₹555.13 per share, raising about ₹900 Cr. Post-issue, the paid-up share capital increased to ₹33.71 Cr from ₹25.60 Cr, expanding total shares to 6.74 crore. Major allotments include QUANT (mutual funds) with close to 39.5% of the issue and significant participation from foreign portfolio investors and alternate investment funds. This fundraise strengthens the company’s capital base, supporting growth and project execution.