�Chetan Shah�has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
MARATHON · price
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Chetan Shah, on behalf of the promoters, promoter group, and persons acting in concert of Marathon Nextgen Realty, has submitted a Regulation 31(4) disclosure to BSE and NSE dated April 7, 2025. The disclosure confirms that the promoter group has not created any new encumbrance (pledge, charge, or similar) on their shares during the financial year, other than what was already disclosed earlier. The annexure lists 11 promoter and promoter group entities, including individuals and Marathon Realty Private Limited. This is a routine annual compliance filing required under SEBI's takeover regulations.
This is a neutral, routine compliance confirmation with no change to the promoter's pledged holdings or shareholding pattern. It is unlikely to have any material impact on the stock price, though it assures shareholders that no hidden encumbrances have been placed on promoter shares during the year.