Amalgamation
As filed · Amalgamation/Merger
M&AMajormateriality 81 out of 100
What happened
FactAmalgamation/Merger. CIN: L99999MH2002PLC156371 (Formerly Markolines Traffic Controls Ltd.). Scheme of Amalgamation.
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 about receipt of observation letter with no adverse objection from BSE Limited and NSE Limited(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; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%