Markolines Pavement Technologies Ltd

Markolines Pavement Technologies Limited has announced the closure of its trading window for all designated persons and their immediate relatives. This closure will be effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company cited compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and its internal code of conduct as the reason for this measure. The exact date of the board meeting to approve these financial results will be communicated later.

Markolines Pavement Technologies Ltd. reported no deviation or variation in the use of proceeds raised from the issuance of equity shares on conversion of warrants for the quarter ended March 31, 2026. The funds, totaling ₹2,01,46,500, were raised from the issuance of 1,62,800 equity shares at ₹165 per share. The Audit Committee reviewed and took on record the statement of no deviation at its meeting on May 26, 2026. The funds were allocated for business expansion, equipment purchases, working capital, repayment of existing loans, and general corporate purposes.

Markolines Pavement Technologies Ltd reported strong Q4FY26 and FY26 performance. Revenue from Operations for FY26 grew by 13.35% to ₹348.49 crore. EBITDA increased by 8.74% to ₹48.54 crore, and PAT grew by 15.46% to ₹26.23 crore. The company's order book stands at ₹600+ crore as of March 31, 2026. The company aims for nearly 3x revenue growth, supported by government infrastructure focus and diversification into specialized construction.

Markolines Pavement Technologies Ltd. announced the approval of audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, following a Board of Directors meeting held on May 26, 2026. The results were reviewed along with the Auditors’ Report. The trading window will remain closed until 48 hours after the results are made public, as per SEBI regulations.

Markolines Pavement Technologies Ltd. has announced the approval of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The decision was made during a Board of Directors meeting held on May 26, 2026. The company has also declared that the trading window will remain closed until 48 hours after the results are made public, in compliance with SEBI regulations.

Markolines Pavement Technologies Ltd has scheduled a Board of Directors meeting on May 26, 2026, to consider and approve the audited standalone and consolidated financial statements for the quarter and financial year ended March 31, 2026. The meeting will be held at the company's registered office in Navi Mumbai. The trading window will be closed until 48 hours after the conclusion of the board meeting.

Markolines Pavement Technologies Ltd has received a Settlement Order from SEBI on April 27, 2026, regarding alleged non-compliance with Regulation 32 of SEBI (LODR) Regulations, 2015. The matter involved the delay/non-submission of statements of deviation or variation in the utilization of public issue proceeds during FY 2021-22. The company attributed this to being new to listing compliances post its 2021 listing. Upon becoming aware, Markolines promptly made corrective submissions. A settlement amount of ₹12.35 lakh has been remitted to SEBI. The company states that this penalty is insignificant compared to its overall revenue and profitability, thus having no material impact on operations. The settlement disposes of the proceedings without admission or denial of findings.

Markolines Pavement Technologies Ltd has accepted multiple work orders from the Sports Authority of Andhra Pradesh, I.G.M.C. Stadium, Vijaywada, totaling ₹29,37,75,305.93. The orders include the development and upgradation of Indira Gandhi Municipal Corporation Stadium in Vijaywada, valued at ₹16,95,25,419.70, and the construction of an Indoor Hall at Pathrunivalasa, District Srikakulam, Vijaywada, valued at ₹12,42,49,886.23. Both projects are domestic, have a completion period of 9 months, followed by a 24-month Defect Liability Period and a 1-month Grace Period. The company confirmed that no promoter or promoter group has any interest in the awarding entity, and these are not related party transactions.

Markolines Pavement Technologies Ltd. has submitted Scheme of Amalgamation documents with BSE and NSE, following the approval in the Board Meeting on 6th March 2026. There was a clerical error in the initial filing, where Sobhagya Capital Options Private Limited was incorrectly mentioned as Aftertrade Broking Private Limited. Sobhagya Capital Options Private Limited, an independent SEBI registered Category I Merchant Banker, has issued a fairness opinion on the Share Exchange Ratio.

Markolines Pavement Technologies Ltd has announced the closure of the trading window for insiders and designated employees. The closure will start from 1st April, 2026 and will continue till 48 hours after the approval of the audited Standalone and Consolidated financial results for the quarter and year ended 31st March, 2026. The date of the Board Meeting for the consideration and approval of the audited Standalone and Consolidated financial results for the quarter and year ended 31st March 2026, will be intimated in due course.