Marathon Nextgen Realty Ltd — Board/Management Information 2020

Nov 13, 2020

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: shares@marathonnextgen.com Website: www.marathonnextgen.com

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MARATHON NEXTGEN REALTY LIMITED

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November 13, 2020

To BSE Limited National Stock Exchange of India Limited 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

• 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:

1. The Un-Audited Financial Results for the 2[nd] Quarter and half year ended onSeptember 30, 2020 in compliance of Reg. 33 of SEBI (LODR) Regulations, 2015.

2. 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)

• 2 Mr. Mayur R Shah-Promoter(Non –Executive)

• 3 Mr. S. Ramamurthi-Non Promoter(Executive)

• 4 Ms. Shailaja C. Shah-Promoter(Non-Executive)

• 5 Mr. Deepak R Shah- Non Executive

• 6 Mr. Atul Mehta- Non Executive

• 7 Ms.Parul Shah- Non Executive

• Chairman & Mg. Director. Vice Chairman WTD and CFO. Woman Director. Independent Director. Independent Director. Independent Woman Director

• 8 Mr. Ashwin Mohanlal Thakker- Non Executive Independent Director.

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MARATHON NEXTGEN REALTY LIMITED 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: shares@marathonnextgen.com Website: www.marathonnextgen.com

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1. The following Committees were reconstituted w.e.f 13/11/2020:

2. 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

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K. S. Raghavan Company Secretary & Compliance Officer

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MARATHON NEXTGEN REALTY LIMITED

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: shares@marathonnextgen.com Website: www.marathonnextgen.com ***********

Annexure — I .

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Sr. Disclosure Requirements Details
No.
1 Reason for change, viz. Appointment of Mr. Ashwin Mohanlal Thakker
appointment, resignation;- as an Additional Director (Non — Executive,
removal, death-or- otherwise Independent Director) of the Company, subject
to approval of the Shareholders.
2 Date of appointment / November 13, 2020
cessation ( as applicable)
& term of appointment
3. Brief profile Mr.Ashwin Thakker, aged 64 years is a
Commerce Graduate and a real estate
professional associated with realty industry.
He has a good exposure and experience of
around 3.5 decades in sourcing land, conceiving
projects and allied matters.
4. Disclosure of relationships Mr. Ashwin Mohanlal Thakker, is not related to
between Directors (in case of any of the Promoters, Members of the Promoter
appointment of a Director Group and Directors of the Company and is not
debarred from holding the office of Director by
virtue of any order of Securities and Exchange
Board of India (SEBI) or any other such
authority.
5. Shareholding NIL
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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: shares@marathonnextgen.com Website: www.marathonnextgen.com

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MARATHON NEXTGEN REALTY LIMITED

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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: A round 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 : ashwinthakker56@gmail.com

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