Shareholders meeting

Markolines Pavement Technologies Limited CIN: L99999MH2002PLC156371 Registered Office: 502, A Wing, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai, Maharashtra, 400614. Email: company.secretary@markolines.com Website: www.markolines.com Contract: +91-22-62661111 NOTICE OF 24TH ANNUAL GENERAL MEETING Dear Members, Notice is hereby given that the 24th Annual General Meeting of the Members of Markolines Pavement Technologies Limited will be held on Tuesday, 29th September, 2026, at 11:30 a.m. at the Registered Office of the Company situated at 502, A Wing, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai – 400614, Maharashtra, India, via Video Conferencing (VC) or Other Audio Visual Means (OAVM), to transact the following businesses: Ordinary Businesses 1. To consider and adopt the Audited Consolidated and Standalone Financial Statements of the Company for the financial year ended 31st March, 2026, along with the reports of the Board of Directors’ and Auditors’ thereon. 2. To consider the re-appointment of Mr. Praveen Sevantilal Panchal (DIN: 10895449), Executive Director of the Company, who retires by rotation and, being eligible, offers himself for re-appointment. Special Businesses 3. To confirm the re-appointment of Mr. Sanjay Bhanudas Patil (DIN: 00229052) as Managing Director of the Company To consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 198, 203 and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) read with Schedule V to the Act and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force), the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Articles of Association of the Company, and pursuant to the recommendation of the Nomination and Remuneration Committee and the approval of the Board of Directors, the consent of the members of the Company be and is hereby accorded for the re-appointment of Mr. Sanjay Bhanudas Patil (DIN: 00229052) as Managing Director of the Company for a period of 5 (five) years with effect from 27th August 2026 on the terms and conditions including remuneration as set out in the Explanatory Statement annexed to this Notice, with liberty to the Board of Directors (which term shall include the Nomination and Remuneration Committee) to alter and vary the terms and conditions of the said re-appointment and/or remuneration as it may deem fit and as may be acceptable to Mr. Sanjay Bhanudas Patil, subject to the same not exceeding the limits specified under Schedule V to the Companies Act, 2013 or any statutory modification(s) or re-enactment thereof. RESOLVED FURTHER THAT where in any financial year during the currency of the tenure of Mr. Sanjay Bhanudas Patil, the Company has no profits or its profits are inadequate, the Company shall pay to him remuneration by way of salary, perquisites and allowances as minimum remuneration as per the limits prescribed under Schedule V of the Companies Act, 2013. RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised to do all such acts, deeds, matters and things as may be necessary, proper or expedient to give effect to this resolution.” 4. To confirm the re-appointment of Mrs. Anjali Vikas Sapkal (DIN: 02136528) as a Non-Executive Independent Director of the Company To consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152 and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) read with Schedule IV to the Act and the Companies (Appointment and Qualification of Directors) Rules, 2014, Regulation 17, 25 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or re- enactment(s) thereof for the time being in force), and on the recommendation of the Nomination and Remuneration Committee and the Board of Directors of the Company, Mrs. Anjali Vikas Sapkal (DIN: 02136528), who was appointed as an Independent Director of the Company for a first term of five consecutive years with effect from 17th August, 2021 and whose first term expires on 16th August, 2026, and who is eligible for re-appointment for a second term under the provisions of the Act and the SEBI (LODR) Regulations, 2015, and in respect of whom the Company has received a notice in writing under Section 160 of the Act from a member proposing her candidature for the office of Director, be and is hereby re-appointed and confirmed as a Non-Executive Independent Director of the Company, not liable to retire by rotation, to hold office for a second term of five consecutive years commencing from 17th August, 2026 up to 16th August, 2031 (both days inclusive). RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised to do all such acts, deeds, matters and things as may be necessary, expedient or desirable to give effect to this resolution.” 5. To confirm the appointment of Mr. Rahul Ramkrishna Modak (DIN: 11178610) as a Non-Executive Independent Director of the Company To consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152, 161 and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) read with Schedule IV to the Act and the Companies (Appointment and Qualification of Directors) Rules, 2014 and Regulation 17, 25 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), and on the recommendation of the Nomination and Remuneration Committee and the Board of Directors, Mr. Rahul Ramkrishna Modak (DIN: 11178610), who was appointed as an Additional Director (Non-Executive Independent) of the Company by the Board of Directors with effect from 14th August, 2026 and who holds office up to the date of this Annual General Meeting and in respect of whom the Company has received a notice in writing under Section 160 of the Act from a member proposing his candidature for the office of Director, be and is hereby appointed as a Non-Executive Independent Director of the Company, not liable to retire by rotation, to hold office for a term of five consecutive years with effect from 14th August, 2026 to 13th August, 2031. RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised to do all such acts, deeds, matters and things as may be necessary, expedient or desirable to give effect to this resolution.” By Order of the Board of Directors For Markolines Pavement Technologies Limited Sd/- Sanjay Bhanudas Patil Chairman & Managing Director DIN: 00229052 Place: Navi Mumbai Date: August 27, 2026 Registered Office: 502, A Wing, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai, Maharashtra – 400614 CIN: L99999MH2002PLC156371 NOTES: 1. The Ministry of Corporate Affairs (“MCA”) has permitted the holding of the Annual General Meeting (“AGM”) through Video Conferencing (“VC”) or Other Audio Visual Means (“OAVM”), without the physical presence of the Members at a common venue. In compliance with the applicable MCA Circulars, the AGM of the Company is being held through VC/OAVM. The Registered Office of the Company shall be deemed to be the venue for the AGM. [General Circular Nos. 14/2020 dated 8th April, 2020 and 17/2020 dated 13th April, 2020 in relation to “Clarification on passing of ordinary and special resolutions by comp [Showing first 8,000 characters — download PDF for full document]