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| Exchange Disseminated Time 04/11/2015 12:42:15 | Marathon Nextgen Realty Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 03, 2015, inter alia, has considered the following agenda of business:
1. Approved the draft Scheme of Amalgamation/merger of Parmeka Private Ltd(PPL) a wholly owned subsidiary of the Company.
2. Approved the business strategy of entering into business vertical of Construction and development of properties under the aegis of Slum Rehabilitation Authority-SRA ("Rehabilitation of Slums") in and around Bhandup area, Mumbai.
3. Considered entering into related party transactions (RPT)-Acquisition of Properties, etc at Bhandup-by the Company, subject to appropriate approvals. |
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