Markolines Pavement Technologies Limited

Appointment of New Company Secretary & Compliance Officer

Date of Announcement: 29 April 2026

Key Details

• Appointee: Mr. Aniruddha Mohan Hublikar
• Designation: Company Secretary and Compliance Officer
• Effective Date: 29 April 2026
• Board Approval: Yes (Board meeting on 29 April 2026, 18:00‑18:50 hrs)
• Experience: 8+ years in secretarial and compliance functions; Associate Member of the Institute of Company Secretaries of India; Master of Law.

Why This Matters

• Governance Strengthening: The role of Company Secretary is pivotal for ensuring compliance with SEBI, NSE, and other regulatory requirements. A seasoned professional can enhance the company’s governance framework.
• Regulatory Risk Mitigation: Effective compliance oversight reduces the likelihood of penalties, legal disputes, or delays in regulatory filings.
• Investor Confidence: Transparent and robust governance practices are a positive signal for existing and potential investors.

Potential Impacts

• Financial: No direct impact on revenue, profit, or cash flow in the short term.
• Strategic: Improved compliance may facilitate smoother execution of future strategic initiatives, such as expansions or capital raises.
• Risk: Minimal; the primary risk would be any transition issues, which are unlikely given the appointee’s experience.

Outlook

The appointment is a moderately positive development, reflecting the company’s commitment to strong corporate governance. While it does not alter the immediate financial outlook, it lays a solid foundation for sustainable growth and risk management.

Prepared for investors on 29 April 2026.