Promoters/ promoter group of Marathon NextGen Realty has submitted a notice of offer for sale an aggregate of 26,81,212 equity shares representing 14.1427% of the paid-up equity share capital of the Company as on June 30, 2013, exclusively through the Sellerís broker on the separate window provided by the BSE for this purpose.
Chetan R. Shah, Mayur R. Shah, Ramniklal Z. Shah, Ansuya R. Shah, Shailaja C. Shah, Sonal M. Shah and Ithaca Informatics Pvt, Ltd., a company duly incorporated under the laws of India, having its registered office at 702, Marathon Max, Mulund - Goregaon Link Road, Mulund (West) Mumbai - 400 080 (together the ‚ÄúSellers"), promoters/ promoter group of Marathon NextGen Realty Ltd. (the "Company") has submitted to BSE a Notice of Offer for Sale an aggregate of 2,681,212 equity shares of the face value of Rs. 10 each (the "Sale Shares") representing 14.1427% of the paid-up equity share capital of the Company as on June 30, 2013, exclusively through the Seller‚Äôs broker on the separate window provided by the BSE Limited ("BSE") for this purpose (such sale referred to hereinafter as the "Sale").The Sale shall take place on the separate window of the Stock Exchange and shall commence on July 16, 2013 at 9:15 a.m. Indian Standard Time and shall close on the same date at 3:30 p.m. Indian Standard Time ("Sale Date").Source : BSE
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Market technically overbought; paper supply to weigh: Dutt