The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 31, 2025 for Marathon Realty Pvt Ltd
MARATHON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter entity Marathon Realty Private Limited, which holds 3.44 crore shares (51.15%) in Marathon Nextgen Realty, has released a Non-Disposal Undertaking (NDU) on 2.61 crore shares (38.74% of share capital). The release was on July 23, 2025, because the loan taken from Piramal Capital and Housing Finance Limited has been repaid. After this release, the promoter's encumbered shares stand at zero. The disclosure was submitted on July 31, 2025 after the exchange asked for a revised disclosure with reasons for the release.
This is a positive signal for shareholders — the promoter has freed up a large block of shares from encumbrance by repaying debt, reducing financial risk and potential forced-selling pressure on the stock.