Marathon Nextgen Realty Announces 49th AGM on Sep 28, 2026; Approves Dividend & RPTs
Marathon Nextgen Realty will hold its 49th AGM on September 28, 2026, via VC/OAVM. The meeting will consider the FY26 audited financial statements and a final dividend of 20% (₹1 per share). Shareholders will vote on related party transactions up to ₹1000 crore with the holding company and up to ₹1100 crore with subsidiaries/JVs.
The AGM agenda includes significant financial decisions such as dividend approval and material related party transactions up to ₹2100 crore in aggregate. These decisions can have a material impact on the company's financial structure and operations.
The announcement is a routine corporate communication regarding the AGM, dividend, and related party transaction approvals. While the dividend is positive, the RPT approvals are standard for such meetings and do not indicate a significant positive or negative shift in the company's outlook.
Marathon Nextgen Realty Limited has announced its 49th Annual General Meeting (AGM) scheduled for Monday, September 28, 2026, at 12:00 Noon IST, to be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The company has also released its Annual Report for the financial year 2025-26.
The AGM agenda includes the adoption of audited financial statements for the fiscal year ended March 31, 2026, both standalone and consolidated. Shareholders will consider and vote on a final dividend of 20%, equivalent to ₹1 per equity share on a face value of ₹5 each, for the financial year ended March 31, 2026. The meeting will also involve the appointment of directors in place of retiring members and the ratification of remuneration for Cost Auditors for the financial year ending March 31, 2027, with a proposed amount not exceeding ₹1,55,000 plus applicable taxes.
Furthermore, the company plans to seek shareholder approval for material related party transactions. This includes transactions with its Holding Company, Marathon Realty Private Limited (MRPL), for an aggregate value up to ₹1000 crore, and with subsidiary/joint venture companies (Sanvo Resorts Private Limited, Nexzone Fiscal Services Private Limited, Swayam Realtors Traders LLP, and Sunset Spaces Private Limited) for loans and advances up to ₹400 crore, ₹300 crore, ₹300 crore, and ₹100 crore, respectively. Approval will also be sought for material related party transactions between subsidiary companies where Marathon Nextgen Realty Limited is not a direct party, including transactions with Matrix Enclaves Project Developments Private Limited and Marathon Realty Private Limited, with limits of up to ₹200 crore and ₹300 crore, respectively.
The company has set September 22, 2026, as the cut-off date for voting on AGM resolutions. The record date for the payment of dividend is September 18, 2026. E-voting will commence on September 25, 2026, at 9:00 am IST and conclude on September 27, 2026, at 5:00 pm IST.
A plain-language summary of a public exchange filing by Marathon Nextgen Realty Limited. Read the original for the full detail.
