Markolines Pavement Technologies confirms no new encumbrance on promoter shares
Markolines Pavement Technologies Ltd disclosed that no new encumbrance has been created on its promoter shares during the Financial Year ended March 31, 2025. The declaration, submitted under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms that no additional charges were made directly or indirectly beyond those previously disclosed. The filing was made by Sanjay Bhanudas Patil on behalf of the promoters and promoter group members.

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Markolines Pavement Technologies Ltd has confirmed that no new encumbrance has been created on the shares held by its promoters or promoter group members during the Financial Year ended March 31, 2025. This disclosure, submitted under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, verifies that no additional charges were made directly or indirectly other than those already reported to the stock exchanges. The declaration ensures transparency regarding the pledging or encumbrance of promoter holdings, a key metric for investor risk assessment.
The filing was submitted by Sanjay Bhanudas Patil, Managing Director, on behalf of the promoters and promoter group. The declaration covers a comprehensive list of individuals and entities within the promoter group, categorizing them to provide clarity on their shareholding status. The confirmation that no fresh encumbrances exist implies that the promoter holdings remain stable in terms of lien or pledge, which is significant for maintaining corporate governance standards.
The following table details the entities and individuals on whose behalf the declaration was submitted:
| Name of Entity/Person | Category |
|---|---|
| Sanjay Bhanudas Patil | Promoter |
| Karan Atul Bora | Promoter |
| Safala Vijay Oswal | Promoter Group |
| Vijay Ratanchand Oswal | Promoter Group |
| Rajesh Ratanchand Oswal | Promoter Group |
| Kirti Ratanchand Oswal | Promoter Group |
| Markolines Infra Limited | Promoter Group |
| Markolines Technologies Private Limited | Promoter Group |
| Kirtinandini Sanjay Patil | Promoter Group |
| Jaya Vijay Oswal | Promoter Group |
| Avinash Bhanudas Patil | Promoter Group |
| Sunil Shankarrao Power | Promoter Group |
| Niyazahmed Sharifuddin Momin | Promoter Group |
| Geeta Kapoor | Promoter Group |
| Rahul Ramkrishna Modak | Promoter Group |
| Sangram Vasant Gaikwad | Promoter Group |
| Pallavi Dhananjay Pawar | Promoter Group |
| Vishwajit Vasantrao Gaikwad | Promoter Group |
| Kunal Atul Bora | Promoter Group |
| Sanskruti Pawar | Promoter Group |
The declaration was signed and submitted on April 9, 2026, by Sanjay Bhanudas Patil from the Corporate Office in Navi Mumbai. The company, formerly known as Markolines Traffic Controls Ltd, is registered at its office in CBD Belapur, Navi Mumbai. This regulatory filing serves as a formal compliance update, assuring the exchanges and shareholders of the status of promoter share encumbrances for the specified financial period.
Historical Stock Returns for Markolines Pavement Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.56% | -2.56% | +0.57% | +18.11% | -8.02% | -8.02% |
How might the absence of new encumbrances influence investor confidence in Markolines Pavement Technologies' upcoming financial results?
What are the potential implications for the company's credit ratings given the stable status of promoter holdings?
Could this stability in promoter holdings signal a strategic shift towards internal funding for future expansion projects?































