Markolines Pavement Technologies Ltd — Updates, 14-08-2025: Company Update

Markolines Pavement Technologies confirmed no deviation in the utilization of funds raised from the conversion of warrants into equity shares. The company announced that **Rs 0.45 Cr** (Rupees 45,04,500), representing the remaining 75% of the consideration, was used exactly as intended. These funds were earmarked for strategic objectives like capital enhancement, supporting business expansion, equipment purchases, working capital requirements, and general corporate needs. This statement provides clarity to shareholders on how their investment capital is being deployed, reinforcing financial discipline. The Audit Committee reviewed and recorded this utilization update.