Markolines director resigns effective Aug 1, 2026

Markolines Pavement Technologies Ltd has accepted the resignation of Independent Director Akash Manohar Phatak, effective from the close of business hours on August 1, 2026, due to other commitments. The resignation was submitted via a letter dated July 19, 2026, and applies to his position as an Independent Director and all committees of the Board of Directors of markolines pavement technologies .

The disclosure was made to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Phatak provided the necessary confirmation that there are no other material reasons for his resignation beyond the stated commitments.

Resignation Details

The Board of Directors placed on record its appreciation for the contributions made by Mr. Akash Manohar Phatak during his tenure. The company will complete the required formalities, including the filing of e-Form DIR-12 with the Ministry of Corporate Affairs.

Detail	Information
Name and DIN of the Director	Mr. Akash Manohar Phatak (DIN: 09288697)
Reason for resignation	Other commitments
Date of cessation	August 1, 2026
Directorships in other listed entities	NIL

The resignation was communicated by Sanjay Patil, Chairman & Managing Director of Markolines Pavement Technologies Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.63%	-1.23%	-6.10%	+23.31%	-4.20%	-4.20%

Markolines Pavement Technologies Limited has received approval to list and trade 1,62,800 equity shares on the Main Board of the National Stock Exchange of India Limited (NSE) and BSE Limited, with trading commencing on July 20, 2026. The listing comprises equity shares of face value Rs. 10/- each allotted pursuant to the conversion of warrants issued through a preferential issue. This move is intended to enhance the company's market presence, strengthen investor outreach, and support long-term value creation.

The approvals were conveyed via letters from NSE and BSE dated July 17, 2026. The NSE letters bear reference numbers NSE/LIST/55868 and NSE/LIST/55907, while the BSE letters carry reference numbers LOD/PREF/VJ/275/2026-2027 and LOD/PREF/VJ/279/2026-2027. The total issuance comprises 22,800 equity shares and 1,40,000 equity shares, both issued to Non-Promoters at a premium of Rs. 155/- per share.

The following table details the securities approved for listing:

Sr. No.	Security Description	Symbol	Series	No. of Securities	Distinctive Numbers
1	Equity shares of Rs. 10/- each allotted pursuant to conversion of warrants issued through Preferential issue	MARKOLINES	EQ	22800	22040921 to 22063720
2	Equity shares of Rs. 10/- each allotted pursuant to conversion of warrants issued on preferential basis	MARKOLINES	EQ	140000	22063721 to 22203720

Lock-in restrictions apply to the newly listed shares. The 22,800 shares with distinctive numbers ranging from 22040921 to 22063720 are locked in until January 20, 2027. Similarly, the 1,40,000 shares with distinctive numbers ranging from 22063721 to 22203720 are subject to a lock-in period ending on the same date.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.