Markolines Pavement Technologies Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

Markolines Pavement Technologies Limited has submitted a statement confirming no deviation or variation in the use of proceeds from the issuance of 1,62,800 equity shares at Rs.165 per share, raising Rs.2,01,46,500. The funds were raised through conversion of warrants on three dates: January 30, February 27, and March 5, 2026. The proceeds are designated for working capital expenditure, equipment purchase (CAPEX), business expansion, and repayment of existing loans. The Audit Committee reviewed and took the statement on record at its meeting held on May 26, 2026. All funds raised have been utilized as per the originally stated objects.