Marathon Nextgen Realty LimitedMARATHONWatchMajormateriality 81 out of 100
Board meeting held on March 31, 2025, Approval of Composite Scheme of Amalgamation and Arrangement
M&A · merger
What happened
FactThe Board of Directors of Marathon Nextgen Realty Limited approved a Composite Scheme of Amalgamation and Arrangement involving multiple companies, including Matrix Water Management Private Limited and Sanvo Resorts Private Limited, during a meeting held on March 31, 2025. The decision was based on recommendations from various committees and included a valuation report and fairness opinion. The scheme is prepared under applicable provisions of the Companies Act, 2013.