Disclosure of receipt of Final Approval for migration of Markolines Pavement Technologies Limited from BSE SME platform to its Mainboard.
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Markolines Pavement Technologies Limited has received final approval from BSE to migrate its equity shares from the SME Platform to the Mainboard. The migration will be effective from Thursday, June 12, 2025, with the stock to be listed under the 'B' Group on the Mainboard. The company has 2,20,04,520 fully paid-up equity shares of Rs. 10 each, with distinctive numbers 1 to 22004520. The existing scrip code (543364) and ISIN (INE0FW001016) will remain unchanged. The company's audited financials for FY25 and shareholding pattern as of May 16, 2025, have been attached to the notice.
Moving to the Mainboard typically improves visibility, broadens the investor base to include institutional and FII participation, and can boost trading liquidity. This is generally seen as a positive milestone reflecting the company's growth, though existing investors should note that post-migration there may be changes in tick size, circuit limits, and trading lot considerations.