Markolines Pavement Technologies Limited , a leading highway maintenance and specialized construction services company, has marked a significant milestone in its corporate journey by listing on the National Stock Exchange (NSE) Mainboard effective October 14, 2025. This development follows the company's earlier migration from the BSE SME Platform to the BSE Main Board in June 2025, showcasing its rapid growth and market presence.

Financial Performance

The company has reported impressive financial results for Q1 FY26:

Order Book and New Contracts

Markolines Pavement Technologies maintains a robust order book:

• Unexecuted order book of ₹400 crores as of June 2025
• Secured new orders worth ₹200.98 crore in FY26
• Additional ₹600+ crore worth of orders in the pipeline

Strategic Merger

The Board has approved a merger with Markolines Infra Limited, pending regulatory approvals. This strategic move aims to:

• Streamline operations
• Unlock synergies
• Establish a stronger, unified platform for growth
• Enhance stakeholder value through improved efficiencies and integrated operations

Management Perspective

Mr. Sanjay B. Patil, Founder and CMD of Markolines Pavement Technologies Limited, commented on the NSE listing: "Our NSE Main Board listing is a proud and defining moment for the entire Markolines family. It signifies our evolution from a niche highway maintenance company into a national leader known for innovation, integrity, and reliability."

Mr. Vijay R. Oswal, Co-founder & CFO, added: "The listing on NSE Main Board is a validation of our robust financial management, governance standards, and growth-focused strategy. This listing enhances our access to capital markets and broadens our investor base, positioning us strongly for the next phase of expansion."

Company Overview

Established in 2002, Markolines Pavement Technologies Limited offers a comprehensive range of services, including preventive maintenance, micro-surfacing, and cold in-place recycling. The company has successfully executed over 4,930 lane kilometres of highway maintenance work across multiple states in India.

This NSE Mainboard listing is expected to enhance the company's visibility, improve liquidity, and enable wider participation from institutional and retail investors, further strengthening its long-term market presence in India's growing infrastructure landscape.

Markolines Pavement Technologies Limited (MPTL) has reached a significant milestone in its corporate journey. The company has received approval from the National Stock Exchange (NSE) to list and trade its shares on the mainboard platform, marking a notable advancement in its market presence.

Key Details of the Listing

Company Background

Markolines Pavement Technologies Limited, formerly known as Markolines Traffic Controls Ltd., is headquartered in Navi Mumbai, Maharashtra. The company's operations span various aspects of infrastructure development, with a focus on pavement technologies.

Regulatory Compliance

In adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, MPTL has duly informed the BSE Limited about this development. The company received the approval letter (NSE/LIST/219) from the National Stock Exchange of India Limited on October 3, 2025, confirming the admission of its securities on the NSE Mainboard platform.

Management Statement

Sanjay Patil, Chairman & Managing Director of Markolines Pavement Technologies Limited, signed off on the regulatory filing, underlining the company's commitment to transparency and adherence to listing requirements.

This mainboard listing on the NSE represents a significant step for Markolines Pavement Technologies, potentially offering enhanced visibility and liquidity for its shares. Investors and market participants will be keenly watching the company's performance as it joins the ranks of mainboard-listed entities on one of India's premier stock exchanges.