Marathon Nextgen Realty: Press Release – Marathon Nextgen Realty Board Approves Acquisition of Adani Group's 60% Stake in Monte South
Marathon Nextgen Realty (MARATHON) filed a disclosure titled "Press Release – Marathon Nextgen Realty Board Approves Acquisition of Adani Group's 60% Stake in Monte South". The company is valued at about ₹2,513 crore.
What happened
Marathon Nextgen Realty (MARATHON) filed a disclosure with the exchanges on 31 October 2026 at 07:47 PM titled "Press Release – Marathon Nextgen Realty Board Approves Acquisition of Adani Group's 60% Stake in Monte South".
From the filing: "Upon completion of the transaction, the Company's stake in the development will increase from 40% to 100%, giving it sole ownership and control of the landmark development in Byculla, Mumbai ."
Company snapshot
Marathon Nextgen Realty is a small-cap company, with a market value of about ₹2,513 crore.
The stock last traded at ₹372.6, against a 52-week range of ₹344.1–₹616.9 (39.6% below the high).
Before this filing the shares had moved −5.1% over the month and −2.5% over three months. Average daily turnover over the last 20 sessions was about ₹4.81 crore.
Promoters held 56.40% at the end of Q2 FY27, down 0.02% points from the previous quarter. Foreign institutions owned 2.59% and domestic institutions 14.47%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 117 | 66.5 | 9.8 |
| Q3 FY26 | 125 | 32.3 | 4.85 |
| Q4 FY26 | 114 | 44.7 | 6.75 |
| Q1 FY27 | 198 | 50.2 | 7.78 |
| Q2 FY27 | 129 | 43.9 | 6.7 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 2.6% on average the next trading day and was down 7.3% on average after five days (2 filings with price data).
Market-wide, 2,235 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 7 Sept 2026 | M&A | −4.9% | −9.9% |
| 5 Aug 2026 | Notice of NCLT convened meeting of the Equity Shareholders and the… | −0.3% | −4.6% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Marathon Nextgen Realty Limited Estimates – NSE:MARATHON
- Marathon NextGen pre-sales up 79% QoQ at ₹154 cr in Q2 FY27
- Marathon NextGen Realty reports 79% quarterly growth in pre-sales to INR 154 crore
- Marathon Nextgen Realty postpones Oct 27 board meeting on new investments
- Marathon Nextgen Realty Q2 PAT at ₹45 Crore; Pre-sales Jump 70%
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.