General disclosure of receipt of work order from Nxt-Infra CT Highways Pvt. Ltd.
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Markolines Pavement Technologies has received a work order valued at Rs. 2,93,63,176 (about Rs. 2.94 crore including GST) from Nxt-Infra CT Highways Pvt. Ltd., a domestic road infrastructure company. The order is for microsurfacing works at the CTHPL (Chikhali-Tarsod Highways) project site and must be executed by 30th June 2025. The company has confirmed this is a domestic, arm's-length contract with no related-party interest involving promoters, directors, or group companies.
This is a modest new order that adds to the company's order book but is unlikely to materially move the stock given its size relative to typical infrastructure project pipelines. It signals continued business activity in road maintenance work, though execution risk within the short June 2025 deadline should be watched.