NSEGeneral Updates21h ago · 4 Sept 2026, 11:54 pm
General Updates
Marathon Nextgen Realty Limited · MARATHON
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Marathon Nextgen Realty Limited has submitted its Business Responsibility and Sustainability Report for FY 2025-26, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Marathon Nextgen Realty Limited has informed the Exchange about Business Responsibility and Sustainability Reporting for FY 2025-26
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MARATHON_04092026235409_BRSR_FINAL.pdf
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Date: September 4, 2026
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: Submission of Business Responsibility and Sustainability Report for the financial year
2025-26.
Dear Sir/Madam,
In compliance with Regulation 34(2)(f) of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we are enclosing herewith the Business Responsibility and
Sustainability Report for the financial year 2025-26, which forms part of the Annual Report of the
Company for the financial year 2025-26.
This is for your information and records.
Yours Truly,
Marathon Nextgen Realty Limited
Yogesh Patole
Company Secretary and Compliance Officer
Membership No.: A48777
Corporate Overview Statutory Reports Financial Statements Business Responsibility and Sustainability Report
BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT Offices:
• Corporate Office
• Sales Office
SECTION A: GENERAL DISCLOSURES Project Sites
I. Details of the listed entity • Neo Park
1. Corporate Identity Number (CIN) of the Listed Entity L65990MH1978PLC020080 • Neo Square
2. Name of the Entity Marathon Nextgen Realty Limited
19. Markets served by the entity:
3. Year of Incorporation 1978
a. Number of locations
4. Registered office address Marathon Futurex, N. M. Joshi Marg, Lower Parel Mumbai, 400013
Locations Number
5. Corporate address 702, Marathon Max, Mulund-Goregaon link road, Mulund (W),
Mumbai - 400080 National (No. of States) 1
6. E-mail cs@marathonrealty.com International (No. of Countries) 0
7. Telephone 022 – 6772 8484 b. What is the contribution of exports as a percentage of the total turnover of the entity?
8. Website https://marathon.in/nextgen/ Nil, The Company’s operations are confined exclusively to Maharashtra, India.
9. Financial year for which reporting is being done FY 2025-26
c. A brief on types of customers
10. Name of the Stock Exchange(s) where shares are BSE Limited
Marathon Nextgen Realty Limited develops and sells residential and commercial real estate in the Mumbai
listed 503101
Metropolitan Region. Its customers comprise: (i) residential homebuyers across affordable, mid-income, and premium/
National Stock Exchange of India
luxury segments; (ii) commercial buyers and occupiers, including corporates and businesses purchasing office and
MARATHON
retail spaces; and (iii) investors acquiring units for investment purposes.
11. Paid-up Capital 33,71,02,730
IV. Employees
12. Name and contact details (telephone, email Mr. Yogesh Patole,
address) of the person who may be contacted in Contact details: 022 – 6772 8484; 20. Details at the end of Financial Year:
case of any queries on the BRSR report Email address yogesh.patole@marathonrealty.com a. Employees and workers (including differently abled):
13. Reporting boundary The disclosures under this report are made on a Standalone basis
S. Particulars Total (A) Male Female
for Marathon Nextgen Realty Limited.
Are the disclosures under this report made on a
No. No. (B) % (B / A) No. (C) % (C / A)
standalone basis (i.e., only for the entity) or on
Employees
a consolidated basis (i.e., for the entity and all
the entities which form a part of its consolidated 1. Permanent (D) 81 65 80.2% 16 19.8%
financial statements, taken together). 2. Other than Permanent (E)
14. Name of assurance provider Not Applicable1 3. Total employees (D + E) 81 65 80.2% 16 19.8%
15. Type of assurance obtained Not applicable1 Workers*
4. Permanent (F)
II. Products/services
5. Other than Permanent (G) Not Applicable
16. Details of business activities (accounting for 90% of the turnover):
6. Total employees (F + G)
S. No. Description of Main Activity Description of Business Activity % Of Turnover of the
*The Company engages contractors under formal agreements, who in turn deploy workers on a project-to-project
Entity (FY 2025-26)
basis as per site requirements. As these workers are not part of the Company's permanent workforce and are
1 Real Estate Activities Development, construction and sale of residential 100%
deployed in a decentralised manner, uniform records are not consistently maintained, making comprehensive
and commercial real estate projects, primarily in the
quantified data difficult to collate. Accordingly, such details have not been disclosed in this report, and wherever
Mumbai Metropolitan Region.
subsequent sections require disclosures relating to these non-permanent or contractor-deployed workers, the same
17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover) have been marked "Not Applicable" (NA). The Company recognises the importance of these disclosures and intends
S. No. Product/Service NIC Code % Of Total Turnover Contributed to progressively strengthen its data collection systems to enhance the coverage and reporting of such workers in
1 Construction of buildings 4100 100 future reporting periods.
b. Differently abled Employees:
III. Operations
S. Particulars Total (A) Male Female
18. Number of locations where plants and/or operations/offices of the entity are situated:
No. No. (B) % (B/ A) No. (C) % (C / A)
Location Number of plants Number of offices Total
Employees
National 4* 4*
0 1. Permanent (D)
International 0 0
2. Other than Permanent (E) Nil
*This includes following 2 offices and 2 active project sites. The Marathon FutureX project was completed during FY 2025-
3. Total employees (D + E)
26 and is therefore no longer included as an active project site.
1 The above disclosure is made as per the SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2025/42 dt. 28 March 2025.
142 Annual Report 2025-26 Marathon Nextgen Realty Limited 143
Corporate Overview Statutory Reports Financial Statements Business Responsibility and Sustainability Report
c. Differently abled Workers*: VII. Transparency and Disclosures Compliances
S. Particulars Total (A) Male Female 25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible
No. No. (B) % (B/ A) No. (C) % (C / A) Business Conduct:
Workers Stakeholder Grievance Redressal FY 2025-26 FY 2024-25
1. Permanent (D) group from Mechanism in place (Yes/No) Number of Number of Remarks Number of Number of Remarks
2. Other than Permanent (E) Not Applicable whom complaint complaints complaints complaints complaints
is received filed during pending filed during pending
3. Total employees (D + E)
the year resolution the year resolution
21. Participation/Inclusion/Representation of women at close of at close of
the year the year
Category Total No. and percentage of Females
Communities Yes, the Company has an
(A) No. (B) % (B / A)
opendoor policy
Board of Directors 10 2 20
Key Management Personnel (KMP) 2 0 0 Investors The Company has a system in
(other than place for addressing concerns
22. Turnover rate for permanent employees and workers
shareholders) from Investors, alongside
Category FY 2025-26 FY 2024-25 FY 2023-24 the SCORES mechanism
Male Female Total Male Female Total Male Female Total established by SEBI (https://
Permanent Employees 7.69 12.50 8.64 11.43 23.08 13.74 17.82 8.33 16.00 scores.sebi.gov. in/). Investors
Permanent Workers Not Applicable may direct their inquiries to
cs@marathonrealty which is
V. Holding, Subsidiary and Associate Companies (including joint ventures)
overseen by the shareholders/
23. (a) Names of holding / subsidiary / associate companies / joint ventures investors Grievance Committee.
S. Name of the holding / subsidiary / Indicate whether % of shares Does the entity Shareholders Shareholders can lodge their
No. associate companies / joint ventures (A) holding/ held by listed indicated at column complaints with the Company’s
Subsidiary/ entity A, participate in the Registrar and Share Transfer
Associate/ Joint Business Responsibility Agent, Adroit Corporate
Venture initiatives of the listed Services Private limited, an
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