Markolines Pavement Technologies Ltd — Updates, 27-06-2025: Company Update

Markolines Pavement Technologies Limited has announced a board meeting that approved the conversion of 36,400 convertible warrants into equity shares at Rs.165 per share. These shares, each with a face value of Rs.10, were allotted to promoters upon receipt of the full subscription amount. This equity infusion strengthens promoter holding and supports the company’s capital structure, potentially aiding future growth initiatives. The allotment includes six key promoters, with the largest individual allocation being 7,600 shares.