Markolines Pavement Technologies Clarifies Merchant Banker Details for Amalgamation Scheme
Markolines Pavement Technologies Limited clarified details regarding the Scheme of Amalgamation of Markolines Infra Limited. The company corrected an inadvertent error in naming the Merchant Banker who issued the fairness opinion. Sobhagya Capital Options Private Limited has been confirmed as the Merchant Banker.
This is a clarification of a clerical error concerning the naming of a merchant banker, which does not directly impact the company's financial performance or strategic direction.
The announcement is a procedural clarification regarding a previous submission and does not introduce new material financial information or significant positive/negative developments.
Markolines Pavement Technologies Limited has submitted filings to both the National Stock Exchange of India and BSE Limited regarding the Scheme of Amalgamation of Markolines Infra Limited with itself. This submission follows the Board Meeting outcome on 6th March 2026.
The company has issued a clarification to rectify an inadvertent clerical error in the previously submitted Outcome of the Board Meeting dated 6th March 2026. The error pertained to the incorrect mention of the Merchant Banker responsible for the Fairness Opinion report concerning the Scheme.
The company clarified that Sobhagya Capital Options Private Limited, an independent SEBI registered Category I Merchant Banker (SEBI Registration No.: INM000008571), has issued the fairness opinion. The name of Aftertrade Broking Private Limited (SEBI Registration No.: INM000013110), which was erroneously mentioned, pertains to an earlier submission.
Markolines Pavement Technologies Limited requests that these corrected details be taken on record as a clarification and rectification to the Board Meeting Outcome dated 6th March 2026.
What to do with a filing like this
Markolines Pavement Technologies Limited filed this with the NSE as a statutory disclosure, categorised under amalgamation. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Markolines Pavement Technologies Limited. Read the original for the full detail.