Marathon Nextgen Realty Ltd — Capital/Financing Update 2022

May 18, 2022

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May 18, 2022

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001 Scrip Code: 5031

The National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra (E), Mumbai 400 051 Scrip Code : MARATHON

Dear Madam/Sir,

Sub : Outcome of the Meeting of Committee of Directors held on May 18, 2022

Ref : Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Requirements”)

We wish to inform you that in continuation to the meeting of Board of Directors of the Company held on April 15, 2022 and on approval of Shareholders vide postal ballot dated May 16, 2022, the committee of directors of the Company as authorized by the Board, has approved the allotment of 48 Lacs (Forty Eight Lacs) convertible warrants as a preferential issue to Promoters and certain identified Non-Promoter persons.

Additional details pursuant to Regulation 30 and other relevant provisions of the SEBI(LODR) Regulations is enclosed as Annexure – I.

For MARATHON NEXTGEN REALTY LIMITED

KRISHNAM Digitally signed by URTHY KRISHNAMURTHY SRINIVAS SRINIVAS RAGHAVAN Date: 2022.05.18 RAGHAVAN 17:06:48 +05'30'

K. S. RAGHAVAN

COMPANY SECRETARY & COMPLIANCE OFFICER

Annexure I

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Additional details as required under Regulation 30 and other relevant provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Issuance of Convertible Warrants under Preferential Issue

	Particulars	Remarks
a.	Type of Securities proposed to be issued (viz.,equityshares,convertibles etc.)	Convertible Warrants
b.	Type of Issuance (viz., further public offering, rights issue, depository receipts (ADR/GDR), qualified Institutions placement, preferential allotment etc.)	Preferential Issue
c.	Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately)	48 Lacs (Forty Eight Lacs) convertible Warrants.
d	In case of preferential issue, the listed entity shall disclose the following additional details to the stock exchange(s):
i.	Name of the Investors	Annexure II
I (a)	Post allotment of securities, outcome of the subscription	Annexure III
(b)	Issue price/allotment price (in case of convertibles)	Rs. 135 Per Warrant, derived, in the manner as stipulated under the SEBI (Issue of Capital Disclosure Requirements)Regulations,2018
(c)	Number of investors	11
(iii)	In case of convertibles : Intimation on conversion of securities or on lapse of the tenure of the instrument	Convertible Warrants for cash, with a right to apply for and get allotted, within a period of 18 (Eighteen) months from the date of allotment of warrants, one Equity Share of face value of Rs.5/- each for each Warrant. Option for conversion is available only upon payment of full price of the convertible Warrants.

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ANNEXURE II

	SR.NO		NAMES	NO OF WARRANTS
			PROMOTERS GROUP :
	1		Mr.Chetan R. Shah	5,00,000
	2		Mr.Mayur R. Shah	5,00,000
	3		Mrs.Shailaja C.Shah	5,00,000
	4		Mrs.Sonal M. Shah	5,00,000
	5		Ms.Gargi Shah	2,50,000
	6		Mr.Kaivalya Chetan Shah	2,50,000
	7		Mr.Parmeet Mayur Shah	2,50,000
	8		Mr.Samyag Mayur Shah	2,50,000
	9		Ms.Rita D. Shah	2,00,000
			Total(A)	32,00,000
			NON-PROMOTERS:
	10		Mr. Jay Manoj Desai	6,00,000
	11		Mr. Rahul Dilipbhai Jhaveri	10,00,000
			Total(B)	16,00,000
			TOTAL (A+B)	48,00,000

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ANNEXURE III

Pre Shareholding Pattern

Post Shareholding Pattern

	Category of	No. of fully	Shareholdin			Category of	No. of fully	Shareholding as
	shareholder	paid up i h	g as a % of l f			shareholder	paid up i h	a % of total
		equty sares held (IV)	tota no.o shares				equty sares held
(A)	Promoter and Promoter Group	3,44,84,446	74.97		(A)	Promoter and Promoter Group	3,76,84,446	74.18
(B)	Public	1,15,15,554	25.03		(B)	Public	1,31,15,554	25.82
(C)	Non Promoter - Non Public	0	0		(C)	Non Promoter - Non Public	0	0
(C1)	Shares underlying DRs	0	0.00		(C1)	Shares underlying DRs	0	0.00
(C2)	Shares held by Employee Trusts	0	0.00		(C2)	Shares held by Employee Trusts	0	0.00
	Total	4,60,00,000	100.00			Total	5,08,00,000	100.00