Marathon Nextgen Realty has informed that the Board of Directors of the Company at their Meeting held on, February 13, 2020 at Mumbai, have approved the acquisition of 24% equity of ‘Sanvo Resorts’ (SRPL) for a consideration of Rs 46.45 Crores from Marathon Realty, its holding Company- RPT; and acquisition of 100% equity of ‘Terrapolis Assets’ (TAPL) for a consideration of Rs 27.89 Crores from Marathon Realty, its holding Company -RPT.
The above information is a part of company’s filings submitted to BSE.
