Markolines Pavement Technologies Ltd — Important, 27-02-2026: Company Update

Markolines Pavement Technologies Limited's board has approved the conversion of 40,000 convertible warrants into 40,000 equity shares. Each share, with a face value of Rs. 10, was allotted at a conversion price of Rs. 165. These new equity shares were issued to a non-promoter investor after the full subscription amount was received. This action expands the company's equity base and finalizes the capital raised through these previously issued warrants.