Markolines Pavement Technologies Ltd — Important, 01-10-2025: Company Update

Markolines Pavement Technologies Limited's shareholders at the recent Annual General Meeting approved significant governance and operational updates. M/s. Jay Gupta & Associates was re-appointed as the statutory auditor for a second five-year term, and M/s. DSM & Associates was appointed as the secretarial auditor for a first five-year term. Shareholders also approved an alteration to the Articles of Association, adding a new clause. This change enables the company to implement an Employee Stock Option Scheme (ESOP), allowing for the issuance of shares to employees and directors. This move aims to align employee interests with shareholder value, acting as a key incentive for talent retention and motivation.