Regulatory12 Nov 2026, 05:50 pm
Marathon Nextgen Realty: Monitoring Agency Report for Q2 FY27
AI Summary
Marathon Nextgen Realty Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by India Ratings & Research Private Limited, confirms no deviation from the objects for the utilization of proceeds from its Qualified Institutions Placement (QIP). The QIP, which occurred between June 23, 2025, and June 30, 2025, raised INR 89,999.93 Lakhs (approximately ₹900 Crore) through the issuance of 1,62,12,406 equity shares at ₹555.13 per share. The report is based on management undertakings and a certificate from the statutory auditor, Rajendra & Co. The company confirmed that all utilization was as per the disclosures in the Offer Document.
Key Highlights
- Monitoring Agency Report for Q2 FY27 submitted.
- No deviation from QIP utilization objects confirmed.
- QIP raised approximately ₹900 Crore.
- Report based on management and auditor certifications.
- Utilization aligned with Offer Document disclosures.
Price Impact
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