Marathon Nextgen Realty Limited — Important, 15-07-2025: General Updates
15-07-2025 | 03:01 pm
15-07-2025 | 03:01 pm
Marathon Nextgen Realty announced the release of a Non-Disposal Undertaking (NDU) by Piramal Trusteeship Services. This NDU, previously placed on Marathon Realty Private Limited's holding, was tied to a loan facility. Its release lifts restrictions on promoter shares, signaling an improved financial position or debt resolution. Post a recent QIP, the updated shareholding shows the Promoter Group holding 55.92% (37,702,556 shares) and the Public holding 44.08% (29,717,990 shares) out of 67,420,546 total shares. This clarifies the promoter's unencumbered shareholding.
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