Markolines Secures Work Orders Totaling Rs.12 Crores
Filing Summary
Markolines Pavement Technologies Ltd has disclosed the receipt of multiple work orders amounting to Rs.12,32,05,871, inclusive of GST, as per Regulation 30 of SEBI (LODR) Regulations, 2015. The orders involve projects from clients such as Thrissur Expressway Ltd, NI Road Infra Pvt. Ltd, Unitics Infrastructure and Technology Pvt. Ltd, Andhra Pradesh Expressway Pvt. Ltd, and Jawaharlal Nehru Port Authority. The projects encompass microsurfacing and other infrastructure works, with completion timelines ranging from January to April 2026. The company’s unexecuted order book stands at over Rs.365 Crores.
Markolines Pavement Technologies Ltd has announced the receipt of multiple work orders with a cumulative value of Rs.12,32,05,871, inclusive of GST. These orders are in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The work orders have been awarded by various clients for infrastructure projects, including microsurfacing and other related works.
The financial terms of the work orders include a significant order from Thrissur Expressway Ltd valued at Rs.3,92,14,907, inclusive of GST. Another major order from NI Road Infra Pvt. Ltd is valued at Rs.5,56,24,215, inclusive of GST. Additional orders include Rs.96,93,700 from Unitics Infrastructure and Technology Pvt. Ltd, Rs.25,21,612 from Andhra Pradesh Expressway Pvt. Ltd, and Rs.1,61,51,435 from Jawaharlal Nehru Port Authority, all inclusive of GST.
The operational scope of these projects involves various infrastructure enhancements. The project for Thrissur Expressway Ltd includes providing and laying a microsurfacing course over a stretch of 28.355 kilometers. The order from NI Road Infra Pvt. Ltd involves microsurfacing works at the AM2 project site. Unitics Infrastructure and Technology Pvt. Ltd has contracted Markolines for micro seal surfacing work. The Andhra Pradesh Expressway Pvt. Ltd project encompasses design, construction, and maintenance on NH-7 under the North-South Corridor. The Jawaharlal Nehru Port Authority project involves improving the north gate flyover wearing coat by microsurfacing treatment.
The timelines for these projects are set with completion dates ranging from January to April 2026. The project for Unitics Infrastructure and Technology Pvt. Ltd is to be completed by January 2026. Both the Thrissur Expressway Ltd and NI Road Infra Pvt. Ltd projects have a completion deadline of February 2026. The Andhra Pradesh Expressway Pvt. Ltd project is expected to be completed by March 2026, while the Jawaharlal Nehru Port Authority project has a deadline of April 2026.
The entities involved in awarding these contracts are all domestic companies. Thrissur Expressway Ltd, NI Road Infra Pvt. Ltd, Unitics Infrastructure and Technology Pvt. Ltd, Andhra Pradesh Expressway Pvt. Ltd, and Jawaharlal Nehru Port Authority have engaged Markolines for their respective infrastructure projects. There is no reported interest from the promoter group or related party transactions associated with these contracts.
The total unexecuted order book for Markolines Pavement Technologies Ltd currently stands at over Rs.365 Crores. This reflects the company’s ongoing engagements and commitments in the infrastructure sector. The disclosure aligns with the requirements set forth by SEBI circulars, ensuring transparency and compliance in reporting significant business developments.
Markolines Pavement Technologies Ltd specializes in infrastructure development, focusing on road construction and maintenance. The company is committed to delivering quality projects and expanding its portfolio in the infrastructure sector.