Outcome of Board Meeting

Date: October 31, 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: Outcome of Board Meeting held on Saturday, October 31, 2026 Ref: Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR”) Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), this is to inform you that the Board of Directors of the Company at its meeting held today i.e. Saturday, October 31, 2026 have inter-alia considered and approved the following: 1. Acquisition of full economic interest in Monte South Project, Byculla by acquiring additional 60% stake in Swayam Realtors and Traders LLP (‘SRTL’), a Joint Venture of the Company. The disclosures required under Regulation 30 of the Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, concerning the above Investments/acquisitions, are enclosed as ‘Annexure I’. 2. Material Related Party Transactions for making investment in and/or providing loan to, and/or providing guarantee / security to secure loan availed by, Swayam Realtors and Traders LLP, a Joint Venture of the Company, subject to the approval of Shareholders. The Board meeting commenced at 1.45 p.m. and concluded at 2:30 p.m. This is for your information and record. Yours Truly, Marathon Nextgen Realty Limited Yogesh Patole Company Secretary and Compliance Officer M.No.:- A48777 ‘Annexure-I’ Acquisition(s} (stake in the associate LLP) (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. Particulars Details a) Name of the target entity, details in brief such Swayam Realtors and Traders LLP (SRTL), as size, turnover etc (other details are provided in point no. j) b) Whether the acquisition would fall within No 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” c) Industry to which the entity being acquired Real Estate belongs d) Objects and effects of acquisition (including The proposed transaction involves acquisition by but not limited to, disclosure of reasons for Marathon Nextgen Realty Limited (“MNRL”) in the LLP, acquisition of target entity, if its business is thereby acquiring additional 60% stake of Outgoing outside the main line of business of the listed Partner, who is not a related party. entity The transaction is intended to facilitate MNRL to enhance its economic interest and participation in the LLP’s future business activities and returns. The LLP stake being acquired is operating in the real estate business, so its business is NOT outside the main line of business of the listed entity e) Brief details of any governmental or No regulatory approvals required for the acquisition f) Indicative time period for completion of the Two Month from the time of requisite approval/s. 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 Upto Rs. 135 crores (Cash) plus bank guarantee Rs. 200 shares are acquired crores totaling upto Rs. 335 crores i) Percentage of shareholding / control 60% stake of Outgoing Partner of Swayam Realtors and acquired and / or number of shares acquired Traders LLP j) Brief background about the entity acquired in SRTL is a Joint Venture of MNRL, engaged in construction terms of products/line of business acquired, and real estate activities, having ongoing projects in MMR. date of incorporation, history of last 3 years SRTL was incorporated on 25th July, 2012. turnover, country in which the acquired entity has presence and any other significant Swayam Realtors and Traders LLP Turnover information (in brief); Turnover FY. 2025-26 - Rs. 374.46 Crores Turnover FY. 2024-25 - Rs. 433.08 Crores Turnover FY. 2023-24 - Rs. 680.07 Crores