AI assistant
Marathon Nextgen Realty Ltd Board/Management Information 2020
60508_rns_2020-11-13_f46e3b10-9e64-4b73-ab2f-e3a311477045.pdf
Board/Management Information
Open in viewerOpens in your device viewer
Regd. Off.: Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai 400 013 Tel.: +91-22-6724 8484 Fax: +91-22-6772 8408 CIN: L65990MH1978PLC020080 E-mail: [email protected] Website: www.marathonnextgen.com ***************************************************************************
November 13, 2020
To Dept. of Corporate Services Listing Department P. J. Towers, Dalal Street BKC, Bandra (E) Mumbai 400 001 Mumbai 400 051 Scrip Code: 503101 Symbol: MARATHON
BSE Limited National Stock Exchange of India Limited
Sub: Outcome of the Board Meeting held on November 13, 2020- : Regulation 30 of SEBI (LODR) Regulations, 2015.
Dear Sirs,
We wish to inform that the Board of Directors of the Company at their meeting held on November 13, 2020, has inter-alia: Considered, approved and taken on record the following matters:
-
- The Un-Audited Financial Results for the 2nd Quarter and half year ended onSeptember 30, 2020 in compliance of Reg. 33 of SEBI (LODR) Regulations, 2015.
-
- Appointment of Mr. Ashwin Mohanlal Thakker (DIN: 00686966) Additional Director (Non-executive & Independent) on the Board of the Company with immediate effect i.e. effective November 13, 2020. A brief profile of Mr. Ashwin Mohanlal Thakker, is as enclosed herewith as an Annexure — I.
Mr. Ashwin Mohanlal Thakker is neither related to any of the Directors or KMP nor to the promoters of the Company.
Post appointment the Composition of the Board stands as follows:
1 Mr. Chetan R Shah-Promoter(Executive) Chairman & Mg. Director. 2 Mr. Mayur R Shah-Promoter(Non –Executive) Vice Chairman 3 Mr. S. Ramamurthi-Non Promoter(Executive) WTD and CFO. 4 Ms. Shailaja C. Shah-Promoter(Non-Executive) Woman Director. 5 Mr. Deepak R Shah- Non Executive Independent Director. 6 Mr. Atul Mehta- Non Executive Independent Director. 7 Ms.Parul Shah- Non Executive Independent Woman Director 8 Mr. Ashwin Mohanlal Thakker- Non Executive Independent Director.
Regd. Off.: Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai 400 013 Tel.: +91-22-6724 8484 Fax: +91-22-6772 8408 CIN: L65990MH1978PLC020080 E-mail: [email protected] Website: www.marathonnextgen.com ***************************************************************************
- The following Committees were reconstituted w.e.f 13/11/2020:
a. Nomination , Remuneration &Compensation Committee (NRC)
| Sr.No | Name | Category | Position |
|---|---|---|---|
| 1 | Mr. Deepak R Shah | Ind. Director | Chairman |
| 2 | Ms. Parul A Shah | Ind. Director | Member |
| 3 | Mr. Mayur R Shah | Director | Member |
b. Corporate Social Responsibility Committee (CSR)
| Sr.No | Name | Category | Position |
|---|---|---|---|
| 1 | Mr. Mayur R Shah | Director | Chairman |
| 2 | Mr. Chetan R Shah | Promoter- Director | Member |
| 3 | Ms. Parul A Shah | Ind. Director | Member |
C. Audit Committee (AC) of Directors:
| Sr.No | Name | Category | Position |
|---|---|---|---|
| 1 | Mr. Deepak R Shah | Ind. Director | Chairman |
| 2 | Mr. Chetan R Shah | Promoter- Director | Member |
| 3 | Mr. Atul Mehta | Ind. Director | Member |
This is for your information and records.
The Meeting commenced at : 3:15 pm concluded at: 6:05 pm
Yours faithfully,
For Marathon Nextgen Realty Limited
K. S. Raghavan Company Secretary & Compliance Officer
Regd. Off.: Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai 400 013 Tel.: +91-22-6724 8484 Fax: +91-22-6772 8408 CIN: L65990MH1978PLC020080 E-mail: [email protected] Website: www.marathonnextgen.com ***************************************************************************
Annexure — I.
| Sr.No. | Disclosure Requirements | Details | |
|---|---|---|---|
| 1 | Reason for change, viz.appointment, resignation;-removal, death-or- otherwise | Appointment of Mr. Ashwin Mohanlal Thakkeras an Additional Director (Non — Executive,Independent Director) of the Company, subjectto approval of the Shareholders. | |
| 2 | Date of appointment /cessation (as applicable)& term of appointment | November 13, 2020 | |
| 3. | Brief profile | Mr.Ashwin Thakker,aged 64 years is aCommerceGraduateandarealestateprofessional associated with realty industry.He has a good exposure andexperience ofaround 3.5 decades in sourcing land, conceivingprojects and allied matters. | |
| 4. | Disclosure of relationshipsbetween Directors (in case ofappointment of a Director | Mr. Ashwin Mohanlal Thakker, is not related toany of the Promoters, Members of the PromoterGroup and Directors of the Company and is notdebarred from holding the office of Director byvirtue of any order of Securities and ExchangeBoard of India (SEBI) or any other suchauthority. | |
| 5. | Shareholding | NIL |
Regd. Off.: Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai 400 013 Tel.: +91-22-6724 8484 Fax: +91-22-6772 8408 CIN: L65990MH1978PLC020080 E-mail: [email protected] Website: www.marathonnextgen.com ***************************************************************************
PROFILE OF MR. ASHWIN M THAKKER
Mr. Ashwin Mohanlal Thakker, a real estate professional associated with realty companies/projects in Mumbai and Bangalore cities. He has a rich experience of more than 3.5 decades in sourcing land, real estate assets and other allied business.
His exposure includes conceiving of real estate projects both commercial and residential and completion till the last mile connectivity. He has many accomplishments to his credit as a real estate professional.
Date of Birth & Age: 13/02/1956: 64 yrs.
Academic Qualification: B.Com from Mulund College of Commerce, Mumbai 400080. University of Bombay.
Year of Completion: 1977.
Work experience: Around 36 years.
Professional expertise: Started his entrepreneurial journey since 1984 in building and construction industry.
DIN: 00686966
Residential address:13/14, Arihant Krupa, V.P. Road, Mulund(West), Mumbai -400080. Maharashtra State.
Email: [email protected]