Markolines Pavement Technologies Ltd — Updates, 10-06-2025: Company Update
Registered Office: 502, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
Corporate Office: 6th Floor, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
+91 22 6266 1111 Info@markolines.com www.markolines.com
CIN: L99999MH2002PLC156371 (Formerly Markolines Traffic Controls Ltd.)
10th June, 2025
To,
BSE Limited
P. J. Towers, Dalal Street,
Fort, Mumbai – 400 001.
Kind attention: Department of Corporate Services.
Subject: General disclosure of receipt of Work Orders from Vadodara Kim
Expressway Pvt. Ltd.
BSE Scrip ID: 543364 , BSE Script Code: MARKOLINES
Dear sir / madam,
In accordance with the applicable provision s of Regulation 30 read with Schedule III of SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to
inform you that the Company has received 2 Work Orders cumulatively amounting to
Rs.16,75,82,305 (inclusive of GST) from Vadodara Kim Expressway Pvt. Ltd. for Rain Cut
Repair works at its project site. The details of these work orders are mentioned in
Annexure-I and Annexure-II respectively to this letter, in accordance with the circular
SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 issued by SEBI.
We further confirm that none of the directors or promoters/promoter group/group companies
have any interest in the entity/entities from whom the work orders/contracts are received
and the intimation of Work Orders does not fall within the purview of related party
transactions. We further confirm that all the work orders/contracts are received from
domestic entities.
You are requested to take the above information on record.
For Markolines Pavement Technologies Limited
Pranav Chaware
Company Secretary & Compliance Officer
Membership No.: A42446
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Registered Office: 502, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
Corporate Office: 6th Floor, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
+91 22 6266 1111 Info@markolines.com www.markolines.com
CIN: L99999MH2002PLC156371 (Formerly Markolines Traffic Controls Ltd.)
Annexure-I
Sr.
No.
Particulars Details
a) Name of the entity awarding the
order(s)/contract(s):
Vadodara Kim Expressway Pvt. Ltd.
(Formerly Patel Vadodara-Kim Expressway
Pvt. Ltd.)
b) Significant terms and conditions of
order(s)/contract(s) awarded in
brief:
Rain Cut Repair works at the project site
c) Whether order(s) / contract(s) have
been awarded by domestic/
international entity:
Domestic company
d) Nature of order(s) / contract(s): Rain Cut Repair works at the project site
e) Whether domestic or international: Domestic
f) Time period by which the
order(s)/contract(s) is to be
executed:
31st July, 2025
g) Broad consideration or size of the
order(s)/contract(s):
Rs.13,81,76,997 (Inclusive of GST)
h) Whether the promoter/ promoter
group / group companies have any
interest in the entity that awarded
the order(s)/contract(s)? If yes,
nature of interest and details thereof:
No
i) Whether the order(s)/contract(s)
would fall within related party
transactions? If yes, whether the
same is done at “arm’s length”:
No
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Registered Office: 502, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
Corporate Office: 6th Floor, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
+91 22 6266 1111 Info@markolines.com www.markolines.com
CIN: L99999MH2002PLC156371 (Formerly Markolines Traffic Controls Ltd.)
Annexure-II
Sr.
No.
Particulars Details
a) Name of the entity awarding the
order(s)/contract(s):
Vadodara Kim Expressway Pvt. Ltd.
(Formerly Patel Vadodara-Kim Expressway
Pvt. Ltd.)
b) Significant terms and conditions of
order(s)/contract(s) awarded in
brief:
Rain Cut Repair works at the project site
c) Whether order(s) / contract(s) have
been awarded by domestic/
international entity:
Domestic company
d) Nature of order(s) / contract(s): Rain Cut Repair works at the project site
e) Whether domestic or international: Domestic
f) Time period by which the
order(s)/contract(s) is to be
executed:
31st July, 2025
g) Broad consideration or size of the
order(s)/contract(s):
Rs.2,94,05,308 (Inclusive of GST)
h) Whether the promoter/ promoter
group / group companies have any
interest in the entity that awarded
the order(s)/contract(s)? If yes,
nature of interest and details thereof:
No
i) Whether the order(s)/contract(s)
would fall within related party
transactions? If yes, whether the
same is done at “arm’s length”:
No
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