Markolines Pavement Technologies Limited Submits Scheme Application and Corrects Merchant Banker Details
Markolines Pavement Technologies Limited has submitted filings with the National Stock Exchange of India Ltd. and BSE Limited regarding the Scheme of Amalgamation of Markolines Infra Limited with Markolines Pavement Technologies Limited, according to a company update released March 27, 2026.The action follows a board meeting held on March 6, 2026, where the amalgamation scheme received approval.
An inadvertent clerical error in the previous Outcome filing resulted in the incorrect listing of the Merchant Banker providing the Fairness Opinion. The correct Merchant Banker is Sobhagya Capital Options Private Limited (SEBI Registration No.: INM000008571), which issued a fairness opinion stating the Share Exchange Ratio is fair from a financial point of view. The previously mentioned Aftertrade Broking Private Limited (SEBI Registration No.: INM000013110) was incorrectly listed in the earlier filing.
Sanjay Patil, Managing Director of Markolines Pavement Technologies Limited (DIN: 00229052), requested that the corrected details be noted.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Last edited by a moderator: