The Board of Directors of Marathon Nextgen Realty Ltd has discussed and gave their in-principle approval for entering into an agreement to acquire w.e.f Jan 1, 2018 on a "Slump Acquisition Basis" the business undertaking of "Marathon Futurex IT Park" from Marathon Realty Pvt. Ltd., a related party, subject to necessary documents., etc, which will be finalized and approved at the next meeting of the board.
Shares of MARATHON NEXTGEN REALTY LTD. was last trading in BSE at Rs.601 as compared to the previous close of Rs. 578.95. The total number of shares traded during the day was 4944 in over 64 trades.
The stock hit an intraday high of Rs. 601 and intraday low of 565.5. The net turnover during the day was Rs. 2915520.