Markolines Pavement Technologies Limited has informed the Exchange regarding a revised press release dated March 05, 2026, titled "Revised Press Release for Disclosure of receipt of Work Orders".
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Awaiting price reaction for this filing.
Markolines Pavement Technologies has received five new work orders cumulatively worth Rs.439.75 crore, taking its total unexecuted order book to Rs.695.48 crore as on date. The biggest single order is Rs.294.39 crore from Indo British Group of Schools (IBGS) for turnkey school infrastructure development in Pune, Hyderabad, and Nashik over 12 months. Other orders include Rs.75.28 crore and Rs.43.47 crore from Varanasi Aurangabad NH-2 Tollway for road work in Bihar, Rs.21.76 crore from Bharat Vanijya Eastern under the Bharatmala Pariyojana, and Rs.4.85 crore from Delhi Hapur Meerut Expressway. The company is filing a revised press release because the earlier version inadvertently quoted the unexecuted order book as Rs.956.48 crore instead of the correct Rs.695.48 crore — a pure typographical fix with no change to the new order details.
Net positive for shareholders — the company is adding Rs.439.75 crore of new business, reinforcing its order pipeline well above Rs.695 crore. However, the downward correction of the order book figure (from Rs.956.48 Cr to Rs.695.48 Cr) is a reminder that earlier-reported numbers were overstated, which may temper near-term sentiment even though the underlying business remains healthy.