Disclosure of receipt of listing approval of BSE Limited for listing of 36,400 equity shares pursuant to conversion of warrants.
MARKOLINES · price
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Markolines Pavement Technologies has received BSE listing approval for 36,400 equity shares of Rs.10 each, issued at a premium of Rs.155 per share (total Rs.165 per share). These shares were allotted to non-promoters on a preferential basis upon conversion of warrants. The shares carry distinctive numbers from 22004521 to 22040920. BSE granted approval on 3rd September 2025, and the company disclosed it on 5th September 2025. The shares will become tradeable on BSE after the company files confirmation of credit into NSDL/CDSL demat accounts. This is a routine post-allotment listing step for shares that were already issued — no fresh capital is being raised now.
Minor dilution since the warrants were already issued earlier and priced in. Once credited to demat accounts, existing warrant holders can sell, but the small size (36,400 shares worth ~Rs.60 lakh) means negligible impact on share price or floating supply.