CIN: L99999MH2002PLC156371 (Formerly Markolines Traffic Controls Ltd.)
As filed · Outcome of Board Meeting
M&AWatchMajormateriality 76 out of 100
What happened
FactCIN: L99999MH2002PLC156371 (Formerly Markolines Traffic Controls Ltd.). Considered and approved a scheme of amalgamation of Markolines Infra. (Compromises, Arrangements and Amalgamations) Rules, 2016 and other.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
RevisedEarlierQ4 FY26
we are already are at an L1 position on an Rs. 120 crore contracts.
NowQ4 FY26
we are working on Rs. 300 to Rs. 500 crore worth a single project.
Change
FactTarget revision
Implication
CapitSignal interpretationThe stated figure moved 150.00%.confidence 60%
Watch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- we are definitely expecting that by end of this financial year, we should be a merged entity. (management committed by FY27)
- we are expecting about 90% of an average monsoon this year as per the IMD's announcement. (management committed by FY27)
Evidence
- Markolines Pavement Technologies Limited has informed the Exchange regarding Outcome of Board Meeting held on March 06, 2026.(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +2 corroborating keywords; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%