Meeting Details

  • Date: Tuesday, 29th September, 2026
  • Time: Commenced at 11:30 a.m. IST, concluded at 11:48 a.m. IST
  • Duration: 18 minutes
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Venue: Registered Office of the Company deemed as venue
  • Meeting Type: 24th Annual General Meeting

Attendees

Directors and Key Managerial Personnel Present:

  • Mr. Sanjay Bhanudas Patil - Chairman & Managing Director (DIN: 00229052)
  • Mr. Praveen Sevantilal Panchal - Executive Director (DIN: 10895449)
  • Mrs. Kirtinandini Sanjay Patil - Non-Executive Director
  • Mrs. Anjali Vikas Sapkal - Independent Director (DIN: 02136528)
  • Mr. Rahul Ramkrishna Modak - Independent Director (DIN: 11178610)
  • Mrs. Vaishali Tarsariya - Independent Director
  • Mr. Anil Nikam - Chief Executive Officer
  • Mr. Vijay Oswal - Chief Financial Officer
  • Mr. Aniruddha Hublikar - Company Secretary & Compliance Officer

Other Officials Present:

  • Representative of M/s. Jay Gupta & Associates, Chartered Accountants (Statutory Auditors)
  • CS Sanam Umbargikar, Partner, M/s. DSM & Associates, Company Secretaries (Secretarial Auditor and Scrutinizer)

Resolutions Considered

Five resolutions were transacted at the meeting:

1. Item No. 1: Consideration and adoption of the Audited Consolidated and Standalone Financial Statements for the financial year ended 31st March, 2026, together with Reports of Board of Directors and Auditors - Ordinary Resolution

2. Item No. 2: Re-appointment of Mr. Praveen Sevantilal Panchal (DIN: 10895449) as a Director liable to retire by rotation - Ordinary Resolution

3. Item No. 3: Re-appointment of Mr. Sanjay Bhanudas Patil (DIN: 00229052) as Managing Director for a further period of five years with effect from 27th August, 2026 - Special Resolution

4. Item No. 4: Re-appointment of Mrs. Anjali Vikas Sapkal (DIN: 02136528) as Non-Executive Independent Director for a second term of five consecutive years with effect from 17th August, 2026 - Special Resolution

5. Item No. 5: Appointment of Mr. Rahul Ramkrishna Modak (DIN: 11178610) as Non-Executive Independent Director for a term of five consecutive years with effect from 14th August, 2026 - Special Resolution

Voting Process

  • Voting Method: Remote e-voting facility provided through Bigshare Services Private Limited
  • In-meeting Voting: E-voting facility remained open for 15 minutes after conclusion of AGM for members who had not voted remotely
  • Scrutinizer: CS Sanam Umbargikar appointed to scrutinize remote e-voting and e-voting during AGM
  • Results Timeline: Voting results and Scrutinizer's Report to be announced and submitted to Stock Exchanges within applicable statutory period

Key Business Updates Discussed

During Chairman's address, the following developments were highlighted:

  • Company's continued focus on highway Operations & Maintenance
  • Expansion into specialised infrastructure opportunities
  • Adoption of specialised pavement technologies
  • Company's listing on the NSE Main Board
  • Progress relating to proposed amalgamation of Markolines Infra Limited

Quorum and Procedural Matters

  • Quorum was confirmed present as per Section 103 of Companies Act, 2013 and applicable MCA Circulars
  • Members attending through VC/OAVM were counted for quorum purposes
  • Notice of AGM was taken as read with consent of members
  • No requirement for appointment of proxies due to virtual meeting format
  • No proposing and seconding of resolutions as they were already put to vote through remote e-voting

Compliance Information

  • Conducted in accordance with Companies Act, 2013, rules made thereunder, applicable MCA Circulars and SEBI Listing Regulations
  • BSE Scrip ID: 543364, BSE Script Code: MARKOLINES
  • NSE Symbol: MARKOLINES