Markolines Pavement Technologies Limited will merge with Markolines Infra Limited.

This amalgamation aims to leverage synergies and expand operational scale.

The stock exchanges have issued 'no objection' letters, allowing the companies to proceed with the National Company Law Tribunal (NCLT) filing.

Further details on the swap ratio and financial impact will be provided to shareholders as part of the NCLT approval process.

The merger is expected to enhance the combined entity's market presence and efficiency.