Marathon Nextgen Realty Ltd — Capital/Financing Update 2026

Mar 27, 2026

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Date: March 27, 2026

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 Symbol: MARATHON

Sub: Investment in projects by Nexzone IT Infrastructures Private Limited, WOS (Wholly Owned Subsidiary) of the Company.

Ref: Intimation under Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”).

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform you that Nexzone IT Infrastructures Private Limited (‘NZIT’), a Wholly Owned Subsidiary of the Company has acquired controlling interest in DVK Developers Private Limited (‘DVK’), Shree S S Developers Private Limited (‘SSSD’) and Shree Swami Samarth Builders, a partnership firm (‘SSSB’), for a total amount of Rs. 70.00 Crores.

The Company has received an intimation from NZIT dated March 27, 2026.

The details of the above Investment (as required to be furnished pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30[th] January, 2026) are enclosed as Annexure 1, 2 & 3 .

This is for your information and record.

Yours Truly, Marathon Nextgen Realty Limited

CHETAN Digitally signed by CHETAN RAMNIKLAL RAMNIKLAL SHAH Date: 2026.03.27 SHAH 20:08:46 +05'30' Chetan R. Shah Managing Director DIN: 00135296

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‘Annexure 1’

Acquisition(s} (including agreement to acquire), Scheme of Arrangement (amalgamation/ merger/demerger/restructuring), sale or disposal of any unit(s), division({s), whole or substantially the whole of the undertaking(s) or subsidiary of the listed entity, sale of stake in the associate company of the listed entity or any other restructuring:

Sr. No.	Particulars	Details
a)	Name of the target entity, details in brief such as size, turnover etc.	DVK Developers Private Limited (‘DVK’) Authorised Capital : Rs. 6.5 Cr Paid Up Capital : Rs. 3.00 Cr Turnover: Nil
b)	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”	No
c)	Industry to which the entity being acquired belongs	Real Estate
d)	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity	The investment is expected to support vertical expansion, business growth, and improved customer base of the listed entity. GDV (Gross Development Value) of the projects is expected to be more than Rs. 245 Crores over life of the Projects.
e)	Brief details of any governmental or regulatory approvals required for the acquisition	NA
f)	Indicative time period for completion of the acquisition	Completed
g)	Nature of consideration - whether cash consideration or share swap and details of the same	Cash
h)	Cost of acquisition or the price at which the shares are acquired	Total cost of acquisition Rs. 22,47,60,240
i)	Percentage of shareholding / control acquired and / or number of shares acquired	Acquisition of 51% controlling interest (including 34% economic interest) in DVK by Nexzone IT Infrastructures Private Limited (‘NZIT’), a wholly owned subsidiary of the Company.
j)	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	DVK Developers Private Limited is engaged in construction and real estate activities, having ongoing projects in MMR. DVK Developers Private Limited was incorporated under Companies Act, 2013 on 9thOctober, 2017. Turnover FY. 2024-25 - Rs. Nil Turnover FY. 2023-24 - Rs. Nil Turnover FY. 2022-23 - Rs. Nil

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‘Annexure 2’

Acquisition(s} (including agreement to acquire), Scheme of Arrangement (amalgamation/ merger/demerger/restructuring), sale or disposal of any unit(s), division({s), whole or substantially the whole of the undertaking(s) or subsidiary of the listed entity, sale of stake in the associate company of the listed entity or any other restructuring:

Sr. No.	Particulars	Details
a)	Name of the target entity, details in brief such as size, turnover etc	Shree S S Developers Private Limited (‘SSSD’). Authorised Capital : Rs. 5.00 Cr Paid Up Capital : Rs. 2.00 Lakhs Turnover: Rs. 22.08 Cr
b)	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”	No
c)	Industry to which the entity being acquired belongs	Real Estate
d)	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity	The investment is expected to support vertical expansion, business growth, and improved customer base of the listed entity. GDV (Gross Development Value) of the projects is expected to be more than Rs. 385 Crores over life of the Projects.
e)	Brief details of any governmental or regulatory approvals required for the acquisition	No
f)	Indicative time period for completion of the acquisition	Completed
g)	Nature of consideration - whether cash consideration or share swap and details of the same	Cash
h)	Cost of acquisition or the price at which the shares are acquired	Total cost of acquisition Rs. 40,26,86,760
i)	Percentage of shareholding / control acquired and / or number of shares acquired	Acquisition of 51% controlling interest (including 34% economic interest) in SSSD by Nexzone IT Infrastructures Private Limited (‘NZIT’), a wholly owned subsidiary of the Company.
j)	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	Shree S S Developers Private Limited is engaged in construction and real estate activities, having ongoing projects in MMR. Shree S S Developers Private Limited was incorporated under Companies Act, 2013 on 12thSeptember, 2020. Turnover FY. 2024-25 - Rs. 22.08 Cr. Turnover FY. 2023-24 - Rs. 26.85 Cr. Turnover FY. 2022-23 - Rs. 24.06 Cr.

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‘Annexure 3’

Acquisition(s} (including agreement to acquire), Scheme of Arrangement (amalgamation/ merger/demerger/restructuring), sale or disposal of any unit(s), division({s), whole or substantially the whole of the undertaking(s) or subsidiary of the listed entity, sale of stake in the associate company of the listed entity or any other restructuring:

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Sr. No. Particulars Details
a) Name of the target entity, details in brief such as Shree Swami Samarth Builders, a registered
size, turnover etc partnership firm (‘SSSB’) will be a
Subsidiary of Nexzone IT Infrastructure
Private Limited (‘NIIPL’), a wholly owned
subsidiary of Marathon Nextgen Realty
Limited (‘MNRL’).
Turnover: 40.00 Lakhs
b) Whether the acquisition would fall within related No
party transaction(s) and whether the promoter/
promoter group/ group companies have any
interest in the entity being acquired? If yes,
nature of interest and details thereof and whether
the same is done at “arm’s length”
c) Industry to which the entity being acquired Real Estate
belongs
d) Objects and effects of acquisition (including but The investment is expected to support
not limited to, disclosure of reasons for vertical expansion, business growth, and
acquisition of target entity, if its business is improved customer base of the listed entity.
outside the main line of business of the listed GDV (Gross Development Value) of the
entity projects is expected to be more than Rs. 210
Crores over life of the Projects.
e) Brief details of any governmental or regulatory No
approvals required for the acquisition
f) Indicative time period for completion of the Completed
acquisition
g) Nature of consideration - whether cash Cash
consideration or share swap and details of the
same
h) Cost of acquisition or the price at which the Total acquisition cost Rs. 7,25,53,000/-
shares are acquired (Seven crores twenty five lakhs fifty three
thousand only)
i) Percentage of shareholding / control acquired Acquisition of 51% controlling interest
and / or number of shares acquired (including 33.33% of profit sharing
entitlement).
j) Brief background about the entity acquired in Shree Swami Samarth Builders is engaged
terms of products/line of business acquired, date in construction and real estate activities,
of incorporation, history of last 3 years turnover, having ongoing projects in MMR. Shree
country in which the acquired entity has presence Swami Samarth Builders was registered on
and any other significant information (in brief); 21 [st] October, 2010.
Turnover FY. 2024-25 - Rs. 40.00 Lakhs.
Turnover FY. 2023-24 - Rs. Nil.
Turnover FY. 2022-23 - Rs. Nil.
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