Announced Thu, 27 Aug · 14:00 IST
Sanjay Patil reappointed as Managing Director for 5 years, AGM on Sept 29
MARKOLINES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹171.35
prior close
₹173.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.0+0.0+0.2+0.4+0.8+1.4+1.2-0.4+2.0-1.0———
Up moveDown movePending
AI summary
Markolines Pavement Technologies board approved re-appointment of Mr. Sanjay Bhanudas Patil as Managing Director for 5 years from August 27, 2026, subject to shareholder approval at the AGM on September 29, 2026. He is the founder, promoter and chairman, holds 26.02 percent stake (57,35,360 shares) and has over 30 years of experience. Board also approved AGM notice, Directors Report and Secretarial Audit Report.
Likely market impact
Continuity at the top. Founder-promoter Sanjay Patil continues as MD, subject to shareholder approval at AGM. No red flags.