Pledge/Unpledge

Marathon Nextgen Realty's promoter, Marathon Realty Private Limited, has announced the release of a Non-Disposal Undertaking (NDU) on 2.61 crore shares (38.74% of total capital). This means these significant shares, previously under a restriction with lenders like Piramal, are now fully unencumbered.

A positive move, indicating increased flexibility for the promoter group.