Markolines Secures ₹41.80 Crore in Work Orders from Sports Authority of AP
Markolines Pavement Technologies Limited secured two work orders from the Sports Authority of Andhra Pradesh totaling ₹29.38 crore. The orders include stadium development and an indoor hall construction. Both projects have a 9-month completion timeline plus defect liability and grace periods.
The value of the new orders is significant and will contribute to the company's revenue and order book, having a moderate impact on its financial performance.
The company has received new work orders, which is a positive development indicating business growth and revenue generation.
Markolines Pavement Technologies Limited has announced the acceptance of multiple work orders from the Sports Authority of Andhra Pradesh, located in Vijayawada. The total value of these accepted orders amounts to ₹29,37,75,305.93 (Rupees Twenty Nine Crores Thirty Seven Lacs Seventy Five Thousand Three Hundred and Five and Ninety Three Paise Only).
The first work order, valued at ₹16,95,25,419.70 (Rupees Sixteen Crores Ninety Five Lacs Twenty Five Thousand Four Hundred Nineteen and Seventy Paise Only), is for the Development and Upgradation of Indira Gandhi Municipal Corporation Stadium in Vijayawada, Andhra Pradesh. The execution period for this contract is 9 months for completion, followed by a 24-month Defect Liability Period and a 1-month Grace Period.
The second work order, with a value of ₹12,42,49,886.23 (Rupees Twelve Crores Forty Two Lacs Forty Nine Thousand Eight Hundred Eighty Six and Twenty Three Paise Only), is for the Construction of an Indoor Hall at Pathrunivalasa, District Srikakulam, Vijayawada, Andhra Pradesh. This project also has a stipulated execution timeline of 9 months for completion, plus a 24-month Defect Liability Period and a 1-month Grace Period.
Both orders have been awarded by a domestic entity, and the company has confirmed that these do not fall within related party transactions and are conducted at arm's length. The announcement was made on 15th April 2026.
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Markolines Pavement Technologies Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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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.