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Marathon Nextgen Realty gets nod to raise Rs 450 crore through NCDs

04 Dec 2021 Evaluate

Marathon Nextgen Realty has received approval to raise nominal value upto Rs 450 crore through issue of Debt security in the form of Non-Convertible Debentures (NCDs), by way of private placement basis, in one or more tranches. The Board of Directors of Marathon Nextgen Realty at its meeting held on December 01, 2021 has approved the same.

Marathon Nextgen Realty is a real estate development company. The Company develops commercial and residential projects throughout India.

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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