Nature of Disclosure: Regulatory filing for a management change (resignation).
Key Details of Resignation:
- Individual: Mr. Deepak Ramkrishna
- Position: Assistant General Manager - Marketing
- Designation: He was designated as Senior Management Personnel (SMP) via a letter dated June 9, 2026.
- Effective Date of Cessation: The resignation is effective from the close of business hours on June 12, 2026.
- Reason for Resignation: To pursue new challenges and opportunities outside the Marathon Group. The resignation letter confirms there are no other material reasons.
Regulatory References:
- The disclosure is made under SEBI LODR Regulation 30.
- The accompanying Annexure-A is formatted as per SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Parties Involved:
- Company Making Disclosure: Marathon Nextgen Realty Limited
- Resigning Employee: Mr. Deepak Ramkrishna, Assistant General Manager - Marketing (SMP)
- Addressee of Resignation Letter: Mr. Mayur Shah, Vice-Chairman of the company
- Signatory of Disclosure: Mr. Chetan R. Shah, Managing Director (DIN: 00135296)
Financial/Operational Impact: The disclosure does not quantify any financial or operational impact of this resignation.