Disclosure of proceedings of 23rd Annual General Meeting of the Company held on 30th September, 2025.
MARKOLINES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Markolines Pavement Technologies held its 23rd AGM on 30th September 2025 via video conferencing, lasting only 21 minutes (11:30 AM to 11:51 AM). Eight resolutions were passed, including adoption of FY25 audited financials, final dividend of Rs. 1.5 per share (15%) on Rs. 10 face value, re-appointment of a Non-Executive Director, re-appointment of statutory auditors, appointment of secretarial auditors for 5 years, increase in borrowing limits under Section 180, and amendment to the Articles of Association. The Chairman highlighted robust bottom-line growth in FY25, recent migration from BSE SME to BSE Mainboard, an application filed for NSE Mainboard listing, and ongoing merger with group company Markolines Infra Ltd. The company also aims to achieve three-digit profit growth over the next three years and is exploring new infrastructure verticals.
Shareholders have approved a 15% dividend and authorised higher borrowing capacity, which could support expansion plans. Migration to BSE Mainboard, NSE listing application, and the pending merger signal growth ambitions that could improve liquidity and visibility for retail investors.