Latest news with #MarkolinesPavementTechnologiesLimited
Business Standard
30-07-2025
- Business
- Business Standard
Markolines Pavement Technologies Continues to Build on Its Robust Order Book; Secures New Orders Worth ₹30.39 Crores
VMPL Navi Mumbai (Maharashtra) [India], July 30: Markolines Pavement Technologies Limited (BSE: MARKOLINES), a leading provider of highway operations and infrastructure services, has announced the receipt of multiple new work orders cumulatively valued at ₹30.39 crore (inclusive of GST). These orders span diverse infrastructure segments and geographies, reinforcing the company's strong project execution track record and growing client trust. The new contracts include: 1. Athaang Dichpally Tollway Pvt. Ltd. - A ₹3.41 crore order for rectification works of flexible pavement with micro-surfacing on NH-44 from Armur to Adloor Yellareddy in Telangana. The project is to be completed in three months, excluding the monsoon period. 2. Pune Municipal Corporation - Two separate contracts, each valued at approximately ₹7.14 crore, have been awarded for preventive maintenance and allied roadworks in Pune City under Package 9 and Package 10. Both projects are scheduled for completion by May 2026. 3. NCC Limited (formerly Nagarjuna Construction Company Ltd.) - A ₹12.69 crore order for piling works at the 454 MLD Malad Wastewater Treatment Facility (WwTF) project. This contract too is to be executed within three months, excluding the monsoon period. Commenting on the development, Mr. Sanjay Patil, Chairman & Managing Director of Markolines Pavement Technologies Limited, said that "These new orders reflect the confidence our clients have in our capabilities and execution standards. We are proud to contribute to critical infrastructure development across urban and highway segments. Our robust order book of over ₹400 crore underscores our strategic focus and operational strength." About Markolines Pavement Technologies Headquartered in Navi Mumbai, Markolines is a group of companies with expertise in offering superior services primarily in Highway Maintenance. Its offerings also include expert consulting for the latest technology driven to improve asset performance and client experience. In over a decade and a half, Markolines Pavement Technologies has transitioned from a single product company to a multi-product company and aspires to be a pioneer of transformation in Highway Maintenance. Going forward, it aims to consistently venture into new markets and other infra sectors, keeping sustainability and safety at the core of its operations. The company continues to be a preferred partner for urban and transport infrastructure projects, leveraging its experience in pavement technologies, maintenance services, and civil construction.
Business Upturn
10-06-2025
- Business
- Business Upturn
Markolines bags Rs 16.75 crore work orders from Vadodara Kim Expressway
By Aditya Bhagchandani Published on June 10, 2025, 10:22 IST 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.
Business Upturn
26-05-2025
- Business
- Business Upturn
Markolines Pavement Technologies receives in-principle approval to migrate from BSE SME to BSE Mainboard
By Aditya Bhagchandani Published on May 26, 2025, 08:26 IST Markolines Pavement Technologies Limited has received in-principle approval from BSE for its migration from the BSE SME Platform to the BSE Mainboard, according to an exchange filing made on May 26, 2025. The approval marks a significant milestone for the company, formerly known as Markolines Traffic Controls Limited, and aligns with its strategic aim to enhance visibility and attract broader investor participation through a mainboard listing. The company stated that this development is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has attached the in-principle approval letter as part of its submission to BSE Limited. Markolines Pavement Technologies is engaged in offering infrastructure services, including pavement marking and highway maintenance solutions, and has been listed on the BSE SME platform under the scrip code 543364 with ISIN INE0FW001016. This migration, once finalized, will enable the company to access a wider pool of institutional investors and improve trading liquidity for its shareholders. 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.
