
Marathon Nextgen Realty Schedules Shareholder & Creditor Meetings for Amalgamation
Marathon Nextgen Realty Limited has announced the schedule for NCLT-convened meetings of its equity shareholders and unsecured creditors. These meetings, to be held on September 7, 2026, via Video Conferencing/Other Audio Visual Means, are to approve a Composite Scheme of Amalgamation and Arrangement. The scheme involves multiple transferor and demerged companies, including Matrix Water Management Private Limited, Sanvo Resorts Private Limited, Marathon Realty Private Limited, and others, with Marathon Nextgen Realty Limited as the resulting transferee company. The cut-off date for equity shareholders is May 26, 2026, and for unsecured creditors is March 31, 2026. Remote e-voting will be available from September 4 to September 6, 2026.
Key Highlights
- Shareholder and creditor meetings scheduled for September 7, 2026.
- Purpose: Approval of a Composite Scheme of Amalgamation and Arrangement.
- Meetings to be conducted via Video Conferencing/Other Audio Visual Means.
- Cut-off dates set for May 26, 2026 (shareholders) and March 31, 2026 (creditors).
- Remote e-voting window: September 4-6, 2026.
Price Impact
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