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Marathon Nextgen Realty Ltd Capital/Financing Update 2025

Jun 30, 2025

60508_rns_2025-06-30_aa4bef01-5824-4fd2-b822-fd0f51f3f998.pdf

Capital/Financing Update

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Date: June 30, 2025

To BSE Limited, NSE Limited, Listing Department, Listing Department, P.J. Towers, Dalal Street, Exchange Plaza, Plot No. C/1, G Block, Mumbai – 400001. BKC, Bandra (East), Mumbai - 400051

Scrip Code: 503101 NSE symbol: MARATHON

Dear Sir/Madam,

  • Re: Qualified Institutions Placement (the “QIP”) of equity shares of face value of ₹ 5 each (the “Equity Shares”) by Marathon Nextgen Realty Limited (the “Company)

  • Sub: Outcome of the meeting of the Operations Committee

Further to our letter dated June 23, 2025 intimating you about the outcome of the meeting of the Operations Committee held on June 23, 2025 in respect of the QIP, we wish to inform you that the Operations Committee of the Company has, at its meeting held today, i.e. June 30, 2025, inter alia ,:

  • (i) approved and declared the closure of issue period for the QIP today, i.e. June 30, 2025 pursuant to the receipt of application forms for an aggregate of 1,62,12,406 fully paidup Equity Shares of the Company and the funds in the escrow account from eligible qualified institutional buyers in accordance with the terms of the Issue, which opened on June 23, 2025;

  • (ii) determined and approved the issue price for 1,62,12,406 Equity Shares to be allotted to eligible QIBs at a price of ₹ 555.13 per Equity Share, including a premium of ₹ 550.13 per Equity Share, [which takes into account a discount of ₹ 29.21 per Equity Share on the floor price amounting to ₹ 584.34 per Equity Share (5% of the floor price), as permitted in terms of Regulation 176(1) of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended.]

  • (iii) approved and finalized the confirmation of allocation note to be sent to eligible qualified institutional buyers, intimating them of allocation of Equity Shares pursuant to the QIP;

  • (iv) approved and adopted the placement document dated June 30, 2025 in connection with the QIP; and

  • (v) approved issuance of refund intimation letter to the bidders who are entitled to receive the refund amount, if any. Copy of the same is also being made available on the website of our Company at https://marathon.in/nextgen/

The Operations Committee meeting commenced at 10:15 pm and the meeting was concluded at 10.30 pm.

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In this relation we are filing the placement document dated June 30, 2025 with your office. The QIP was opened on June 23, 2025 and the same was intimated to you pursuant to our letter dated June 23, 2025.

We request you to take the above on record pursuant to compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Yours Truly, Marathon Nextgen Realty Limited YOGESH Digitally signed by YOGESH ASHOK ASHOK PATOLE Date: 2025.06.30 PATOLE 23:26:14 +05'30' Yogesh Patole Company Secretary and Compliance Officer Membership No.: A48777

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