Exhicon Events Media Solutions has initiated a postal ballot process seeking shareholder approval to migrate the listing of its equity shares from the BSE SME platform to the Main Board of BSE Limited and the National Stock Exchange of India Limited. The move aims to enhance market visibility, attract increased retail investor participation, and improve liquidity for the company's securities. The transition is subject to the approval of members, the stock exchanges, and other statutory authorities.

The company’s equity shares were listed on the BSE SME platform effective April 17, 2023. As per the notice, the paid-up share capital stands at ₹14,76,65,000, divided into 1,47,66,500 equity shares of ₹10 each. The Board of Directors believes that migration to the Main Board will place the company within a wider investor ecosystem and contribute to long-term growth and goodwill.

The resolution requires a special majority via remote e-voting. In accordance with Regulation 277 and 280(2) of the SEBI (ICDR) Regulations, 2018, the resolution will be deemed approved only if the votes cast by public shareholders in favour are at least twice the number of votes cast against it. The Board has appointed M/s. Pratik Bangade & Associates, Practicing Company Secretary, as the scrutinizer for the process.

The remote e-voting period is scheduled to begin at 09:00 AM IST on June 21, 2026, and end at 5:00 PM IST on July 20, 2026. Shareholders whose names appear in the register of members or beneficial owners as on the cut-off date of June 12, 2026, are eligible to participate. The results of the postal ballot are expected to be declared on or before July 22, 2026.

Key Event Details

The company has engaged MUFG Intime India Private Limited to facilitate the remote e-voting process. Shareholders holding shares in physical form have been advised to convert their holdings to dematerialized form to eliminate risks associated with physical transfers and to ensure seamless participation in the e-voting process. The notice and relevant details are available on the company’s website.

Exhicon Events Media Solutions Limited’s wholly owned subsidiary, Exhicon Global Development Private Limited, has signed Heads of Terms with landowners for the development and operation of a Convention and Mixed Event Venue project in Nashik, Maharashtra. The project is aligned with the company's strategy to expand its footprint in the exhibition, convention, and event infrastructure sector through its venue development vertical.

The project is proposed to be developed on approximately 9,775 square metres (about 2.4 acres) of land situated at Panchwati, Nashik. The proposed development encompasses convention facilities, event lawns, exhibition and conference infrastructure, administrative facilities, food & beverage areas, parking, and supporting amenities.

The venue is designed to cater to a diverse range of events, including exhibitions, conferences, government events, corporate gatherings, weddings, social functions, and cultural programs. The commercial understanding outlines an initial development period followed by long-term operations and commercialization of the venue.

Project Details

Definitive agreements are proposed to be executed after the completion of detailed design, technical evaluations, and statutory requirements. The company disclosed this information in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.