Deals25 Aug 2025, 10:43 am
Markolines Pavement Technologies Secures Rs.100 Crores Order from Trans Metalite India
AI Summary
Markolines Pavement Technologies Ltd. has announced the receipt of a Letter of Acceptance (LOA) from Trans Metalite India Ltd. for operation and production of patch repair work. The total value of the LOA is approximately Rs.100 crores, and the work will be carried out in Andhra Pradesh over a period of 5 years. The total unexecuted order book of the company stands at Rs.400 Crores + as of the disclosure date.
Key Highlights
- Markolines Pavement Technologies Ltd. has received a Letter of Acceptance (LOA) from Trans Metalite India Ltd. for patch repair work.
- The total value of the LOA is approximately Rs.100 crores.
- The work will be carried out in Andhra Pradesh over a period of 5 years.
- The total unexecuted order book of the company stands at Rs.400 Crores + as of the disclosure date.
- The LOA is in line with the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November, 2024 and SEBI/HO/CFD/CFD-PoD2/CIR/P/CIR/P/2024/185 dated 31st December, 2024.