Marathon Nextgen Realty will convene separate meetings for its equity shareholders and unsecured creditors on September 7, 2026, to seek approval for a composite scheme of amalgamation and arrangement. The meetings are being held pursuant to an order dated July 2, 2026, passed by the National Company Law Tribunal (NCLT), Mumbai Bench, in Company Application No. (C.A. (CAA) No. 110 OF 2026). The proposed scheme aims to restructure several group entities by merging transferor companies into Marathon Nextgen Realty Limited while demerging specific assets into Marathon Energy Private Limited.

The scheme involves complex corporate restructuring across seven entities. Matrix Water Management Private Limited and Sanvo Resorts Private Limited act as Transferor Companies 1 and 2, respectively, merging into Marathon Nextgen Realty Limited, which serves as Resulting Company 1 and the Transferee Company. Simultaneously, Marathon Realty Private Limited, Matrix Enclaves Projects Developments Private Limited, and Matrix Land Hub Private Limited serve as Demerged Companies 1, 2, and 3, with their respective business units or assets moving to Marathon Energy Private Limited, designated as Resulting Company 2. The approval is sought under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.

Both meetings will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) as directed by the NCLT. Equity shareholders recorded in the register of members as of the cut-off date, Tuesday, May 26, 2026, are eligible to participate. Unsecured creditors recorded as of Tuesday, March 31, 2026, hold voting rights for their respective meeting. Remote e-voting for both groups opens on Friday, September 4, 2026, at 9:00 A.M. IST and closes on Sunday, September 6, 2026, at 5:00 P.M. IST.

The company issued the notice for these meetings on August 5, 2026, sending it electronically to registered email addresses of shareholders and creditors. The notices include annexures, the copy of the Scheme, and an explanatory statement under Sections 230 and 232 read with Section 102 of the Companies Act, 2013, and Rule 6 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. These documents are also available on the company’s website and the National Securities Depository Limited (NSDL) e-voting portal.

What This Means for Stakeholders

The approval of this composite scheme represents a significant structural shift for Marathon Nextgen Realty Limited and its group companies. For equity shareholders, the vote determines the consolidation of assets from Matrix Water Management Private Limited and Sanvo Resorts Private Limited into the listed entity. For unsecured creditors, the restructuring impacts the legal entity responsible for their claims, potentially altering recovery prospects depending on the financial health of the resulting companies. The distinct cut-off dates reflect the different classes of stakeholders involved in the amalgamation versus the demerger components of the scheme.

Marathon Nextgen Realty will announce its first quarter fiscal year 2027 results on August 7, 2026, followed by an earnings conference call scheduled for August 10, 2026, at 12:30 PM IST. The disclosure, made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, provides investors with a direct channel to management for clarifications regarding the quarterly performance.

The company notified both the Bombay Stock Exchange and the National Stock Exchange of India Limited regarding the schedule. Chetan R. Shah, Managing Director and Chairman, signed the disclosure on August 5, 2026. The earnings call aims to bridge the gap between the result announcement and investor queries, allowing stakeholders to assess the real estate developer's operational and financial health in the Mumbai Metropolitan Region.

Conference Call Details

Investors and analysts can participate in the conference call via telephone. The company has provided primary numbers for domestic participants and international toll-free numbers for global stakeholders. A pre-registration facility is available to facilitate quicker access to the call.

Management Representation

The following executives from Marathon Nextgen Realty will represent the company during the conference call:

• Chetan Shah, Chairman and Managing Director
• Mayur Shah, Vice Chairman
• Kaivalya C. Shah, Director
• Samyag M. Shah, Director

About Marathon Nextgen Realty

Founded in 1969 by Ramniklal Zaverbhai Shah, Marathon Group has operated for over 56 years, completing more than 100 projects in Mumbai. The portfolio includes townships, affordable housing, luxury residential units, retail spaces, small business areas, and corporate parks. The group maintains land banks in Bhandup, Thane, Dombivli, and Panvel, with ongoing projects in Lower Parel, Byculla, and Mulund. The leadership team comprises technocrats with engineering backgrounds from the United States.