Navi
Mumbai, July 31, 2025 : The
bourses reacted positively to Markolines Pavement Technologies
Limited’s (BSE: MARKOLINES) announcement yesterday of the company
acquiring prestigious orders. The company’s share prices rose by over
20% since yesterday after the announcement.
Markolines, a
leading provider of highway operations and infrastructure services,
received multiple new work orders cumulatively valued at ₹30.39 crore
(inclusive of GST). These orders span diverse infrastructure segments and
geographies, reinforcing the company’s strong project execution track record
and growing client trust.
The new contracts
include:
- Athaang
Dichpally Tollway Pvt. Ltd. – A ₹3.41 crore order for rectification works
of flexible pavement with micro-surfacing on NH-44 from Armur to Adloor
Yellareddy in Telangana. The project is to be completed in three months,
excluding the monsoon period. - Pune
Municipal Corporation – Two separate contracts, each valued at
approximately ₹7.14 crore, have been awarded for preventive maintenance
and allied roadworks in Pune City under Package 9 and Package 10. Both
projects are scheduled for completion by May 2026. - NCC
Limited (formerly Nagarjuna Construction Company Ltd.) – A
₹12.69 crore order for piling works at the 454 MLD Malad Wastewater
Treatment Facility (WwTF) project. This contract too is to be executed
within three months, excluding the monsoon period.
Commenting
on the development, Mr. Sanjay Patil, Chairman & Managing Director
of Markolines Pavement Technologies Limited, said
that “These new orders reflect the confidence our clients have in our
capabilities and execution standards. We are proud to contribute to critical
infrastructure development across urban and highway segments. Our robust order
book of over ₹400 crore underscores our strategic focus and operational
strength.”
About Markolines
Pavement Technologies
Headquartered in
Navi Mumbai, Markolines is a group of companies with expertise in offering
superior services primarily in Highway Maintenance. Its offerings also include
expert consulting for the latest technology driven to improve asset performance
and client experience. In over a decade and a half, Markolines Pavement
Technologies has transitioned from a single product company to a multi-product
company and aspires to be a pioneer of transformation in Highway Maintenance.
Going forward, it aims to consistently venture into new markets and other infra
sectors, keeping sustainability and safety at the core of its operations. The
company continues to be a preferred partner for urban and transport
infrastructure projects, leveraging its experience in pavement technologies,
maintenance services, and civil construction.
