
Marathon Nextgen Realty Ltd: NCLT Meeting for Amalgamation Scheme
Marathon Nextgen Realty Limited has announced NCLT-convened meetings for its unsecured creditors and equity shareholders on September 7, 2026. These meetings are to approve a Composite Scheme of Amalgamation and Arrangement involving several entities, including Matrix Water Management Private Limited, Sanvo Resorts Private Limited, Marathon Realty Private Limited, and others. The scheme aims to amalgamate and arrange these companies, with Marathon Nextgen Realty Limited acting as the resulting transferee company. The meetings will be conducted via Video Conferencing/Other Audio Visual Means. Detailed instructions and notices are available on the company's website and NSDL's e-voting platform. The cut-off dates for eligibility to attend and vote are May 26, 2026, for equity shareholders and March 31, 2026, for unsecured creditors.
Key Highlights
- NCLT meetings scheduled for September 7, 2026, for unsecured creditors and shareholders.
- Purpose is to approve a Composite Scheme of Amalgamation and Arrangement.
- Multiple transferor and demerged companies involved in the scheme.
- Meetings to be held via Video Conferencing/Other Audio Visual Means.
- Cut-off dates for voting eligibility are March 31, 2026 (creditors) and May 26, 2026 (shareholders).
Price Impact
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