Markolines Pavement Technologies Limited, headquartered in CBD Belapur, Navi Mumbai, has announced the receipt of multiple significant work orders cumulatively valued at ₹30,38,65,274.34 (approximately ₹30.39 crores). These orders come from reputed clients in the infrastructure sector and reflect the trust and confidence placed in the company based on its previous performance.

This disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and timely communication to stakeholders about material developments.

Details of Work Orders Received

1. Athaang Dichpally Tollway Pvt. Ltd.

• Order Value: ₹3,40,64,234 (inclusive of GST)

• Scope of Work: Rectification works of flexible pavement with micro-surfacing on NH-44 between Armur to Adloor Yellareddy (km 313.507 to km 373.762) in Telangana.

• Execution Period: 3 months excluding monsoon period.

• Nature: Domestic order for road infrastructure maintenance and enhancement.

2. Pune Municipal Corporation – Package 9

• Order Value: ₹7,14,33,757.94 (inclusive of GST)

• Scope of Work: Preventive maintenance and allied works on roads in Pune City, under Package 9.

• Execution Period: Up to May 2026.

• Nature: Domestic municipal infrastructure maintenance contract.

3. Pune Municipal Corporation – Package 10

• Order Value: ₹7,14,39,129.30 (inclusive of GST)

• Scope of Work: Preventive maintenance and allied works on roads in Pune City, under Package 10.

• Execution Period: Up to May 2026.

• Nature: Domestic municipal road maintenance contract.

4. NCC Limited (Formerly Nagarjuna Construction Company Limited)

• Order Value: ₹12,69,28,153 (inclusive of GST)

• Scope of Work: Piling works at the 454 MLD Malad Wastewater Treatment Facility (WwTF) Project.

• Execution Period: 3 months excluding monsoon period.

• Nature: Domestic civil infrastructure contract related to wastewater treatment.

Order Book and Strategic Importance

Markolines’ total unexecuted order book currently exceeds ₹400 crores, reflecting a robust pipeline of projects in the infrastructure domain. The new orders consolidate the company’s position in critical infrastructure services including road maintenance, flexible pavement technology, and piling works for wastewater treatment facilities.

These projects demonstrate the company’s capability to deliver diverse infrastructure solutions across various geographies within India, including Telangana, Maharashtra, and Mumbai.

Compliance and Disclosures

In line with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 and related circulars, the company has provided detailed disclosures about the nature of the orders, client information, execution timelines, and affirmations about related party transactions.

Specifically, Markolines confirms that none of these orders involve related party transactions, and there is no interest of promoters or promoter groups in the entities awarding the contracts. The contracts are awarded on an arm’s length basis, ensuring transparency and fairness.

About Markolines Pavement Technologies Limited

Markolines Pavement Technologies Limited, formerly known as Markolines Traffic Controls Ltd., specializes in pavement maintenance and infrastructure technology services. With its corporate and registered office based in Navi Mumbai, Maharashtra, the company serves a wide clientele across India.

The firm is known for executing high-quality road maintenance projects, flexible pavement rectification using micro-surfacing techniques, and specialized civil infrastructure contracts, contributing to safer and more durable transport infrastructure.

Conclusion

Markolines Pavement Technologies’ recent influx of orders worth over ₹30 crores signifies strong client trust and market confidence in the company’s technical expertise and delivery capabilities.

With an unexecuted order book surpassing ₹400 crores, the company is well positioned to capitalize on emerging infrastructure opportunities in India. These contracts will be executed within stipulated timeframes, including allowances for monsoon disruptions, further reinforcing Markolines’ commitment to quality and timely project completion.

This update reaffirms Markolines’ role as a key player in India’s infrastructure development, particularly in road maintenance and allied civil works, underpinning its steady growth and market presence.

The Upcoming IPOs in this week and coming weeks are BLT Logistics, Bhadora Industries, Highway Infrastructure, Flysbs Aviation, Parth Electricals & Engineering, Jyoti Global Plast, Cash Ur Drive Marketing, Renol Polychem, Jyoti Global Plast, Jyoti Global Plast.

The Current active IPO are B.D. Industries (Pune), NSDL, Takyon Networks, Mehul Colours, M&B Engineering, Sri Lotus Developers & Realty, Aditya Infotech, Lakshmi India Finance, Kaytex Fabrics, Umiya Mobile, Repono.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.