Markolines Pavement Technologies Share Price Gains Over 2%; Receives Work Orders Totaling Over ₹439.74 Crore

Markolines Pavement Technologies Limited has officially disclosed a series of work orders amounting to ₹4,39,74,68,973, reflecting its expanding involvement in highway pavement and infrastructure development. 

Overview of Disclosed Work Orders 

The company received multiple contracts from domestic clients, including Varanasi Aurangabad NH 2 Tollway Private Limited, Bharat Vanijya Eastern Private Limited, Delhi Hapur Meerut Expressway Private Limited, and Indo British Group of Schools. The aggregate value, inclusive of GST, stands at ₹4,39,74,68,973. 

Key projects comprise dense bituminous macadam (DBM) and bituminous concrete (BC) pavement works on NH 2 and NH 319, as well as a turnkey development of school infrastructure in Pune, Hyderabad and Nashik. 

Major Highway Contracts 

Varanasi Aurangabad NH 2 Tollway Private Limited awarded two separate orders: the first for DBM and BC works valued at ₹75,28,16,871, to be completed by May 2026; the second for miscellaneous work in the BR3 section of Bihar valued at ₹43,46,50,013, with a 90‑day execution window. 

Bharat Vanijya Eastern Private Limited granted a contract worth ₹21,76,49,112 for four‑lane upgrades on NH 319 under the Bharatmala Pariyojana Phase I, scheduled for three months including mobilisation. 

Additional Projects 

Delhi Hapur Meerut Expressway Private Limited engaged Markolines for pavement maintenance valued at ₹4,84,88,977, due by March 2026.  

Indo British Group of Schools commissioned a turnkey school infrastructure project for ₹2,94,38,64,000, to be delivered within twelve months from the commencement letter. 

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Compliance and Disclosure 

All disclosed contracts are with domestic entities and do not involve related‑party transactions. The company confirmed that none of the promoters hold a direct interest in the awarding organisations, ensuring arm‑length dealings as per SEBI regulations. 

Markolines Pavement Technologies Share Price Performance  

As of March 05, 2026, at 11:27 AM, Markolines Pavement Technologies share price on NSE was trading at ₹162.59 up by 2.18% from the previous closing price. 

Conclusion 

Markolines Pavement Technologies has secured work orders totalling ₹4,39,74,68,973, highlighting its active role in highway pavement and educational infrastructure projects across India. 

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