
Business Update27 March 2026 at 03:51 pm
Markolines Pavement Technologies Submits Scheme of Amalgamation Documents, Clarifies Merchant Banker Error
AI Summary
Markolines Pavement Technologies Ltd. has submitted Scheme of Amalgamation documents with BSE and NSE, following the approval in the Board Meeting on 6th March 2026. There was a clerical error in the initial filing, where Sobhagya Capital Options Private Limited was incorrectly mentioned as Aftertrade Broking Private Limited. Sobhagya Capital Options Private Limited, an independent SEBI registered Category I Merchant Banker, has issued a fairness opinion on the Share Exchange Ratio.
Key Highlights
- Markolines Pavement Technologies submits Scheme of Amalgamation documents with BSE and NSE
- Clerical error in initial filing corrected, Sobhagya Capital Options Private Limited issued fairness opinion