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Markolines Pavement Technologies Ltd. Company History and Annual Growth Details

Company was originally incorporated as “Mark-O-Line Traffic Controls Private Limited” on November 08, 2002 at Pune, Maharashtra as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Pune. The Registered office of our Company got shifted from Pune to Mumbai vide Certificate of Registration of Regional Director order for Change of State dated September 27, 2005. The name of our Company was changed from “Mark-O-Line Traffic Controls Private Limited” to “Markolines Traffic Controls Private Limited” vide Fresh Certificate of Incorporation Consequent upon Change of Name pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting held on February 17, 2018. Further, our Company was converted into Public Limited Company pursuant to Shareholder’s resolution passed at the Extraordinary General Meeting of our Company held on April 19, 2021 and the name of Company was changed to “Markolines Traffic Controls Limited” and a Fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited dated August 10, 2021 was issued by Registrar of Companies, Mumbai, Maharashtra, being Corporate Identification Number U99999MH2002PLC156371.


MAJOR EVENTS AND MILESTONES

Calendar Year Particulars
2002
• Company was Incorporated as “Mark-o-line Traffic Controls Private Limited”
• Started Thermoplastic Road Marking
• Introduced the Extrusion Technology for Road Marking in India

2009
Ventured into Highway Operation & Maintenance

2012
10 Toll Plazas Under Management Within A Short Span of Three Years

2014
Ventured into Microsurfacing

2016
• Started Major Maintenance & Repairs (MMR) Services for Highways
• Received A Single Work Order of 125 Kms for MMR - Worth 150% of Earlier Year’s Turnover

2017
• 300% Growth in Order Book Over Last Year in Highway
• Introduced Microsurfacing with Fiber in India

2018
• Ventured into Cold-In-Place Recycling (CIPR)
• Executed First Airport Maintenance Project in India.

2020
• Executed India's Largest BSM/CIPR of 142.918 Lane Kms /8.87 Lac Sqm
• Completed 9 Lakh SQM Out of 13 Lakh SQM of Microsurfacing with Fiber.

2021
• Conversion into Public Limited as “Markolines Traffic Controls Limited”
• Applied for Change in Name of the Company from “Markolines Traffic Controls Limited” to “Markolines Pavement Technologies Limited” and we are yet to receive approval from the Registrar of Companies




2018
-Company name changed to Markolines Traffic Controls Ltd. from Mark-O-Line Traffic Controls Ltd..

2022
-Company name changed to Markolines Pavement Technologies Ltd. from Markolines Traffic Controls Ltd..


2023
-The company issued rights shares of Rs. 10 in the ratio of 5:32 at a premium of Rs. 157 per share.
-Markolines associate company bagged road project in Jammu & Kashmir.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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