Marathon Nextgen Realty 49th AGM: Dividend and Strategic Approvals

Final dividend of Rs 1 per share declared for FY26. Proposed related party transaction limits reach up to Rs 2,100 crore for group project funding.

Reader Takeaway: Investors gain a dividend payout while balancing high-value internal project funding requirements across group subsidiaries.

What just happened

Marathon Nextgen Realty has officially notified shareholders of its 49th Annual General Meeting, set to take place via video conferencing on September 28, 2026. The meeting agenda includes the adoption of FY26 financial statements and the approval of a final dividend of Rs 1 per equity share of face value Rs 5. The company has set September 18, 2026, as the record date to determine shareholder eligibility for this payout.

Why this matters

Beyond the dividend, the firm is seeking shareholder mandate for material related party transactions (RPTs) spanning until the 2027 AGM. The proposed limits are significant: up to Rs 1,000 crore for Marathon Realty, Rs 400 crore for Sanvo Resorts, and Rs 300 crore each for Nexzone Fiscal Services and Swayam Realtors Traders LLP. These limits are intended to streamline financing and operational execution for ongoing real estate projects.

What changes now

Shareholders must note the e-voting schedule. Electronic voting commences on September 25, 2026, and concludes on September 27, 2026. The cutoff date for eligibility to participate in this voting process is September 22, 2026.

What to track next

Investors should monitor the outcome of the shareholder vote regarding the RPT limits. Additionally, the re-appointment of directors Kaivalya Chetan Shah and Samyag Mayur Shah will be subject to voting at the upcoming AGM.