Markolines bags Rs 16.75 crore work orders from Vadodara Kim Expressway
Shares of Markolines Pavement Technologies Limited may be in focus on Tuesday after the company announced receipt of two work orders worth Rs 16.75 crore (inclusive of GST) from Vadodara Kim Expressway Pvt. Ltd. The contracts are for rain cut repair works at the project site and are to be executed by July 31, 2025.
According to the company's regulatory filing dated June 10, 2025, the first work order is valued at Rs 13.81 crore, and the second at Rs 2.94 crore. Both orders are from a domestic entity, and there is no promoter or related party involvement in the awarding of these contracts.
The company emphasized that the orders are in the ordinary course of business and fall under the SEBI Listing Obligations and Disclosure Requirements (LODR) norms for material developments.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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