Marathon Nextgen Realty Ltd
Marathon Nextgen Realty Ltd Company History
Marathon Nextgen Realty is primarily engaged in the business of construction, development and sale of commercial and residential real estate projects. The core business activities are carried out under various business model likes own development, through joint ventures and joint development and other arrangements with third parties.
2006
Marathon Nextgen Reality & Textiles Ltd has informed that the equity shares of the Company has been delisted from the Ahmedabad Stock Exchange Ltd (ASE) w.e.f. December 11, 2006.
Marathon Nextgen Realty has given the Bonus in the Ratio of 4:1
2006
2007
Marathon Nextgen Reality & Textiles Ltd has appointed Mr. V Ranganathan, I.A.S. (Retd.), as an Additional Director of the Company.
Company name has been changed from Marathon Nextgen Realty & Textiles Ltd to Marathon Nextgen Realty Ltd.
The Company has issued Bonus Shares in the Ratio of 2:1.
2007
2008
Marathon Nextgen Realty Ltd has appointed Dr. Samir K Barua, as an Additional Director of the Company at the Board Meeting held on January 28, 2008.
2008
2009
Marathon Nextgen Realty Ltd has informed that the Board of Directors of the Company at its meeting held on May 20, 2009, has appointed Mr. Padmanabha Shetty as Additional Director of the Company.
2009
2010
Marathon Nextgen Realty Ltd Board to consider Bonus Issue & Dividend
Marathon Nextgen Realty Ltd declares Interim Dividend @15%
Marathon Nextgen Realty has given the Bonus in the Ratio of 1:2
Registered Office of the Company has been shifted From Marathon Nextgen, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013 To "FUTUREX", N.M. Joshi Marg, Nr. Lower Parel Railway Station (W.Rly),Lower Parel, Mumbai-400 013.
2010
2011
Marathon Nextgen Realty Ltd declares Interim Dividend @35%
2011
2012
Marathon Nextgen Realty Ltd Recommended a Dividend of 6% (Rs. 6/- per share of Rs 100/- each) on the Preference Share Capital and a dividend of 40% (Rs. 4/- per share of Rs. 10/- each) on the Equity Share Capital.
2012
2013
The Board Recommended a Dividend of Rs. 4.50/ (45%) on equity share of Rs. 10/- each
2013
2014
The board Recommended a Dividend of Rs. 5/ (50%) on equity share of Rs. 10/- each
2014
2015
Marathon Nextgen informs about investment in Parmeka Pvt Ltd
The Company has allotted the Bonus Shares to its shareholders in the Ratio of 1:2.
2015
2016
Marathon Nextgen Realty Ltd has submitted to the BSE a Copy of Certified High Court Order alongwith Scheme of Amalgamation of Parmeka Pvt. Ltd. with Marathon Nextgen Realty Ltd.
MarathonNextgenRea - Project Launch -'Monte South' Byculla - a JV Initiative
MarathonNextgenRea - "Marathon Group" enters into the Education Space.
2016
2021
Marathon Bags the "Developer of the Year" Award at Estrade Real Estate Awards 2021.
Marathon Group launches new inventory in Lower Parel flagship project.
2021
2022
Marathon Group launches final tower at Marathon Nexzone, its flagship township at Panvel.
Marathon Group launches phase 2 of Kalyan-Shil township project.
2022
2023
Marathon Group launched new affordable housing project in Bhandup.
2023
