Disclosure of Press Release of the Company for receipt of 4 Work Orders from multiple clients.
MARKOLINES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Markolines Pavement Technologies has received four new work orders cumulatively valued at ₹30.39 crores (inclusive of GST) from multiple clients for various infrastructure projects. The orders include rectification works on NH-44 in Telangana from Athaang Dichpally Tollway (₹3.41 crores), two preventive maintenance packages for Pune Municipal Corporation (₹14.28 crores combined), and piling works at the 454 MLD Malad WwTF Project from NCC Limited (₹12.69 crores). The company's confirmed order book exceeds ₹400 crores as of July 2025. Separately, the company recently secured a Letter of Award of ₹18.87 crores from Varanasi Aurangabad NH-2 Tollway and its board approved a merger with Markolines Infra Limited.
This is a positive development for shareholders as the new orders strengthen the company's already healthy ₹400+ crore order book, providing revenue visibility for the coming quarters. The mix of government (Pune Municipal Corporation) and private sector orders shows diversified business momentum.