Marathon Nextgen Realty sets dividend record date, announces AGM

Marathon Nextgen Realty Limited announced its 48th annual general meeting (AGM) for Wednesday, September 24, 2025, at 12:00 Noon IST. Shareholders will consider approving a final dividend of ₹1/- per equity share (20%) for the financial year 2024-25. The record date for dividend payment is Friday, September 19, 2025, with payment to follow on or after Monday, September 29, 2025. The company’s financial highlights for FY2025 include a PAT margin of 28% and a net debt reduction from ₹751 crore to ₹542 crore.

The company's board approved a Composite Scheme of Amalgamation and Arrangement with promoter group companies, with an appointed date of January 1, 2025, subject to regulatory approvals. This merger is expected to consolidate over 400 acres of land across Mumbai’s growth corridors, enhancing the company’s development potential. Shareholders will also vote on the re-appointment of directors and the remuneration of the cost auditor and secretarial auditor for FY2025-26.

The Integrated Annual Report for FY2024-25, including the Business Responsibility & Sustainability Report, is available on the company’s website, www.marathon.in/nextgen/.