Markolines Pavement Technologies Ltd — Important, 30-05-2026: Company Update

Markolines Pavement Technologies confirmed no deviation in the use of funds raised from warrant conversions for the quarter ended March 31, 2026. The company utilized the entire Rs. 2.01 Cr raised from issuing 162,800 equity shares at Rs. 165 each as planned. These funds were designated for enhancing capital, business expansion, equipment purchases, working capital, and debt repayment. The Audit Committee reviewed and noted this compliance, assuring shareholders that capital allocation aligns with stated objectives.