BSEGeneral5d ago · 4 Nov 2026, 09:59 am
Markolines Pavement Technologies Limited is pleased to inform that it has received two Work Orders from Brihanmumbai Municipal Corporation (BMC) for undertaking microsurfacing works on the Eastern Express Highway and Western Express Highway, Mumbai, aggregating to Rs.135.20 Crores. The detailed disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, is enclosed herewith.
Markolines Pavement Technologies Ltd · 543364
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Markolines Pavement Technologies Ltd has received two work orders from Brihanmumbai Municipal Corporation (BMC) aggregating to Rs.135.20 Crores for undertaking microsurfacing works on the Eastern Express Highway and Western Express Highway in Mumbai.
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Markolines Pavement Technologies Ltd - 543364 - Announcement under Regulation 30 (LODR) - Bagging/receiving of order(s) or contract(s)
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4th November 2026
To, To,
BSE Limited National Stock Exchange of India Limited
P. J. Towers, Dalal Street, Exchange Plaza, C-1, Block G,
Fort, Mumbai – 400001. Bandra Kurla Complex,
Bandra (E), Mumbai – 400051.
Kind attention: Department of
Corporate Services. Kind attention: Listing Dept.
BSE Scrip ID: 543364,
BSE Script Code: MARKOLINES NSE Symbol: MARKOLINES
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Receipt of Two Letters of Acceptance-cum-Work Orders
from Brihanmumbai Municipal Corporation aggregating to Rs. 135.20 Crores (inclusive of
applicable GST and physical contingencies).
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("SEBI Listing Regulations"), we are pleased to inform you that Markolines
Pavement Technologies Limited ("the Company") has received two Letters of Acceptance-cum-
Work Orders from Brihanmumbai Municipal Corporation ("BMC"), aggregating to Rs.
1,35,20,21,306/- (Rupees One Hundred Thirty-Five Crores Twenty Lakhs Twenty-One
Thousand Three Hundred and Six Only) inclusive of applicable GST and physical
contingencies for undertaking microsurfacing and resurfacing works on the Eastern Express
Highway and Western Express Highway in Mumbai.
The details of the aforesaid work orders are provided below:
1. Work Order – Eastern Express Highway (EEH)
Particulars Details
Name of the entity awarding the order Brihanmumbai Municipal Corporation (BMC)
Resurfacing of critical portions on Eastern Express
Nature of order
Highway in Microsurfacing
Execution of microsurfacing and resurfacing work
Significant terms and conditions in accordance with the terms and conditions of the
Letter of Acceptance-cum-Work Order
Contract value / broad commercial Rs. 63,23,19,650/- (Rupees Sixty-Three Crores
consideration Twenty-Three Lakhs Nineteen Thousand Six
Registered Office: 502, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
Corporate Office: 6th Floor, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
+91 22 6266 1111 Info@markolines.com www.markolines.com
CIN: L99999MH2002PLC156371 (Formerly Markolines Traffic Controls Ltd.)
Hundred and Fifty Only) inclusive of applicable
GST and physical contingencies
Contract period Six months, including monsoon
Whether the order has been awarded by a
Domestic entity
domestic / international entity
Whether the order is domestic or
Domestic
international
Whether the promoter / promoter group /
group companies have any interest in the
entity awarding the order? If yes, nature of
interest and details thereof
Whether the order would fall within the
purview of related party transactions? If yes, No
whether the same is done at arm's length
2. Work Order – Western Express Highway (WEH)
Particulars Details
Name of the entity awarding
Brihanmumbai Municipal Corporation (BMC)
the order
Improvement of Main Carriageway of Western Express
Nature of order
Highway using Microsurfacing Technique
Execution of microsurfacing and carriageway improvement
Significant terms and
work in accordance with the terms and conditions of the Letter
conditions
of Acceptance-cum-Work Order,
Rs. 71,97,01,656/- (Rupees Seventy-One Crores Ninety-Seven
Contract value / broad
Lakhs One Thousand Six Hundred and Fifty-Six Only)
commercial consideration
inclusive of applicable GST and physical contingencies
Contract period Six months, including monsoon
Whether the order has been
awarded by a domestic / Domestic entity
international entity
Whether the order is domestic
Domestic
or international
Whether the promoter /
promoter group / group
companies have any interest in
the entity awarding the order? If
yes, nature of interest and
details thereof
Whether the order would fall
within the purview of related No
party transactions? If yes,
Registered Office: 502, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
Corporate Office: 6th Floor, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
+91 22 6266 1111 Info@markolines.com www.markolines.com
CIN: L99999MH2002PLC156371 (Formerly Markolines Traffic Controls Ltd.)
whether the same is done at
arm's length
The aggregate value of the aforesaid two work orders amounts to Rs. 1,35,20,21,306/- (Rupees
One Hundred Thirty-Five Crores Twenty Lakhs Twenty-One Thousand Three Hundred and Six
Only), inclusive of applicable GST and physical contingencies.
The aforesaid work orders have been awarded pursuant to acceptance of the Company's tender
offers by BMC.
For Markolines Pavement Technologies Limited
Sanjay Patil
Chairman & Managing Director
DIN: 00229052
Registered Office: 502, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
Corporate Office: 6th Floor, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
+91 22 6266 1111 Info@markolines.com www.markolines.com
CIN: L99999MH2002PLC156371 (Formerly Markolines Traffic Controls Ltd.)