Markolines Pavement Received Four Work Orders Worth ₹30.39 Crores from Multiple Clients

Markolines Pavement Technologies Limited, an integrated highway maintenance solutions provider, has announced the receipt of four new work orders, cumulatively valued at Rs 30.39 crores (including GST), from various esteemed clients for diverse infrastructure projects, the details of which are as under:

The Company will be completing the project within the respective periods mentioned above. The Company had recently received Letter of Award amounting to Rs.18.87 crores from Varanasi Aurangabad NH-2 Tollway Private Limited for execution of Rehabilitation and Overlay (BC) for periodic maintenance works at its project site.

Commenting on the development, Mr. Sanjay Patil, Founder, Chairman & Managing Director of Markolines Pavement Technologies Limited, said, “As an integrated highway maintenance solution provider, we have been continuously working on innovative and customised solutions to meet the demands of our customers. The receipt of these work orders significantly bolsters our reputation and underscores the confidence our client has in our capabilities.

Mr. Vijay Oswal, Founder and Chief Financial Officer, Markolines Pavement Technologies Limited added, “India’s infrastructure sector- particularly highways and expressways is witnessing robust growth driven by the government’s emphasis on delivering world-class facilities. We are well- positioned to capitalise on this momentum through our experienced team and innovative solutions, which are expected to contribute positively to our topline in the coming quarters.”