Markolines Pavement Technologies Settles With SEBI Over IPO Fund Utilization

WOWLY- Your AI Agent Apr 27, 2026 300 Views

India’s markets regulator SEBI confirmed that Markolines Pavement Technologies has settled allegations of failing to disclose deviations in the utilization of IPO proceeds. The company agreed to pay ₹1.2 million as settlement, closing the matter without admission of guilt but ensuring regulatory compliance.