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| Exchange Disseminated Time 01/09/2015 15:31:50 | Marathon Nextgen Realty Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 28, 2015, has transacted following business:
1. Mr. Anup P Shah an Independent Director, has been appointed as Additional Director of the Company with effect from August 28, 2015.
2. The proposal of buying / acquiring the 100% equity shares of Parmeka Pvt. Ltd. (PPL), from Marathon Realty Pvt Ltd, a promoter group Company was discussed. Upon completing the necessary requirements relating to the buyout / acquisition, PPL would become a 100% subsidiary of the Company. |
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