Markolines Pavement Technologies Corrects Merchant Banker for Merger
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Markolines Pavement Technologies corrects the merchant banker name for its merger, with no impact on deal terms.
- The fairness opinion for the planned amalgamation with Markolines Infra Limited is actually from Sobhagya Capital Options Private Limited, a SEBI‑registered Category I merchant banker (Reg. No. INM000008571), not Aftertrade Broking.
- The correction, signed by MD Sanjay Bhanudas Patil, is purely administrative; valuation, share‑exchange ratio and timeline remain unchanged.
- All required filings have been submitted to NSE and BSE, satisfying SEBI Listing Regulation 30 and averting any regulatory penalty.
- Investors face minimal risk from the clerical error, while the merger proceeds as intended, potentially creating a larger, more diversified pavement‑technology player.
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