The News Scroll 17 March 2017  Last Updated at 8:18 pm

Marathon Nextgen Realty to buy-back shares for Rs 150cr

In a filing to the BSE, the Mumbai-based company said the Board of Directors at its meeting has approved a proposal to buy-back up to 54,37,345 equity shares of the company for an aggregate amounting Rs 14952 crore

New Delhi, Mar 17 Marathon Nextgen Realty Ltd today said its board has approved the buy-back of equity shares for nearly Rs 150 crore.

In a filing to the BSE, the Mumbai-based company said the Board of Directors at its meeting has approved a proposal to buy-back up to 54,37,345 equity shares of the company for an aggregate amounting Rs 149.52 crore.

The offer is for 19.12 per cent of the total paid-up equity share capital at Rs 275 per equity share.

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