Receives Board approval and filed with the BSE for the merger of Markolines Infra Limited (Transferor Company) with Markolines Pavement Technologies Limited (Transferee Company)
Mumbai, (Maharashtra) [India], June 11, 2025: Markolines Pavement Technologies Limited, an integrated highway maintenance solution company, today announced that it has received the final approval from BSE for the migration of its securities on the BSE Mainboard platform effective June 12, 2025. The company’s shares were earlier listed on the BSE SME platform. With this, the company’s share will trade on BSE Mainboard platform. The company’s board had earlier approved the merger of Markolines Infra Limited with Markolines Pavement Technologies, subject to regulatory approvals.
Commenting on the development, Mr. Sanjay Patil, Founder & Chairman and Managing Director, Markolines Pavement Technologies Limited, said, “From getting listed on the BSE SME platform about four years back to receiving this approval for migration, it has been a phenomenal journey for us and we have stood committed to delivering innovative solutions with a view to boost the country’s infrastructure sector, which has been a significant thrust area for the government.
He also adds that, “This transition reflects the strong fundamentals of the company, the confidence of our stakeholders, and our firm intent to scale greater heights in corporate governance, transparency, and efficiency.”
