Marathon Nextgen Realty has informed that the Board of Directors of the Company at its meeting held on May 30, 2012, have recommended a dividend of 6% (Rs. 6/- per share of Rs 100/- each) on the Preference Share Capital and a dividend of 40% (Rs. 4/- per share of Rs. 10/- each) on the Equity Share Capital. The dividends will be paid after approval of the shareholders at the ensuing Annual General Meeting.
The above information is part of company’s filing submitted to the BSE.