Markolines Pavement Technologies has scheduled its 24th Annual General Meeting for September 29, 2026. The meeting will be held via video conferencing at 11:30 am.

The primary agenda includes the adoption of financial statements for FY26 and several key director appointments. Shareholders will vote on the re-appointment of Sanjay Bhanudas Patil as Managing Director for a five-year term starting August 27, 2026. His proposed annual salary is ₹126 lakh.

Director Appointments

The Board seeks shareholder approval for three director-related resolutions:

• Sanjay Bhanudas Patil: Re-appointment as Managing Director for five years (August 27, 2026 to August 26, 2031). He holds a Diploma in Mechanical Engineering and has over 30 years of experience in infrastructure. His FY25-26 remuneration was ₹126 lakh.
• Anjali Vikas Sapkal: Re-appointment as Non-Executive Independent Director for a second five-year term (August 17, 2026 to August 16, 2031). She brings over 26 years of experience in quality management and compliance.
• Rahul Ramkrishna Modak: Confirmation of appointment as Non-Executive Independent Director for a five-year term (August 14, 2026 to August 13, 2031). He has over 30 years of senior management experience, including roles at Tata International and L&T Finance.

Additionally, Executive Director Praveen Sevantilal Panchal retires by rotation and offers himself for re-appointment. His proposed remuneration remains unchanged at ₹60 lakh annually.

Meeting Logistics

The AGM will be conducted through Video Conferencing or Other Audio Visual Means as permitted by the Ministry of Corporate Affairs. The registered office in Navi Mumbai will be deemed the venue. Remote e-voting will be facilitated by Bigshare Services Pvt. Ltd. from September 25 to September 28, 2026.

Regulatory Compliance

The company submitted the notice convening the AGM and the annual report to BSE Limited and National Stock Exchange of India Limited on September 7, 2026. This filing complies with regulations 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Sanjay Bhanudas Patil, Chairman and Managing Director.

Markolines Pavement Technologies has approved the reappointment of Sanjay Bhanudas Patil as Managing Director for a five-year term. The decision was taken during a board meeting held on August 27, 2026.

The reappointment is subject to shareholder approval at the company’s ensuing Annual General Meeting. Mr. Patil, who serves as the Chairman and Founder, holds a Diploma in Mechanical Engineering and brings over 30 years of experience in infrastructure and pavement technologies.

Board Meeting Outcomes

The Board of Directors convened at the registered office from 12:30 pm to 1:45 pm on August 27, 2026. In addition to the leadership appointment, the board transacted several statutory items in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

Key decisions included:

• Convening the 24th Annual General Meeting for September 29, 2026, at 11:30 am via Video Conferencing/Other Audio-Visual Means.
• Approving the Notice convening the AGM.
• Taking on record the Directors’ Report along with annexures for the financial year ended March 31, 2026.
• Accepting the Secretarial Audit Report issued by the Secretarial Auditor for FY26.
• Appointing Sanam Umbargikar, Partner at M/s. DSM & Associates, as the Scrutinizer for e-voting at the upcoming AGM.

Leadership Profile

Mr. Patil has been associated with the company since its inception in 2002. As per disclosures required under SEBI Circular No. LIST/COMP/14/2018-19, he is not debarred from holding office by any regulatory authority.

The reappointment follows the recommendation of the Nomination and Remuneration Committee. Shareholders will vote on this proposal during the virtual AGM scheduled for late September.