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Marathon Nextgen Realty shareholders approve amalgamation scheme involving multiple related entities
08-Sep-2026, 12:34
Marathon Nextgen Realty Limited convened meetings of its equity shareholders and unsecured creditors on Monday, September 7, 2026, to approve a composite scheme of amalgamation and arrangement involving Matrix Water Management Private Limited, Sanvo Resorts Private Limited, Marathon Realty Private Limited, Matrix Enclaves Projects Developments Private Limited, Matrix Land Hub Private Limited, Marathon Nextgen Realty Limited, and Marathon Energy Private Limited, as directed by the National Company Law Tribunal, Mumbai Bench. Voting on the scheme was conducted via remote e-voting and during the meetings, with results and a report from Scrutinizer Bhumika Sidhpura to be submitted to the Tribunal and stock exchanges.