Exhicon signs partnership with ICICI Lombard for exhibition insurance

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Exhicon Events Media Solutions partners with ICICI Lombard for exhibition insurance
  • Initiative unveiled at 15th Conventions India Conclave in New Delhi on August 26, 2026
  • Aims to provide specialised risk protection for organisers and exhibitors
  • Focuses on increasing awareness and accessibility of insurance solutions
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Exhicon Events Media Solutions and ICICI Lombard General Insurance Company Limited announced a strategic partnership to launch a specialised insurance initiative for India’s exhibition and trade fair sector. The collaboration was unveiled at the 15th Conventions India Conclave in New Delhi on August 26, 2026.

The companies disclosed the move under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The initiative targets the growing need for risk protection in an industry characterised by substantial investments in venues, temporary structures, equipment, and logistics.

Strategic Focus Areas

The partnership aims to bridge the gap between the exhibition industry and the insurance sector. Exhicon brings its extensive network of organisers, exhibitors, and venues, while ICICI Lombard provides expertise in commercial and event-related insurance solutions.

Key objectives of the initiative include:

  • Increasing awareness of exhibition-related risks and available insurance protection
  • Facilitating access to appropriate insurance solutions for trade fairs
  • Supporting organisers in understanding their specific risk exposures
  • Encouraging better risk-management practices across the ecosystem
  • Creating a scalable insurance framework aligned with industry growth

Industry Context

Exhibitions involve significant capital deployment across infrastructure and technology, exposing stakeholders to operational, property, liability, and cancellation risks. The partners intend to make specialised insurance an integral part of professional exhibition management in India.

M Q Syed, CMD of Exhicon, highlighted the significance of unveiling the initiative at the conclave, which gathered global convention and MICE industry stakeholders. The event was jointly organised by the India Convention Promotion Bureau, India Trade Promotion Organisation, and the Ministry of Tourism, with Exhicon serving as the Gold Partner.

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+1.84%-2.10%-2.94%-6.39%-13.39%0.0%

How might this partnership influence the pricing and coverage terms for exhibition insurance across India?

What specific regulatory changes or industry standards could emerge as specialized event insurance becomes more standardized?

Could this collaboration serve as a model for other niche sectors in India seeking tailored risk management solutions?

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Exhicon Events appoints Bilimoria Mehta & Co as statutory auditor

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Exhicon Events appointed Bilimoria Mehta & Co as statutory auditor until FY31
  • Board recommended re-appointment of director Padma Mishra at ensuing AGM
  • Draft annual report for FY26 was approved by the board
  • Pratik Bangade & Associates appointed as scrutinizer for e-voting
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Exhicon Events Media Solutions approved the appointment of Bilimoria Mehta & Co as its statutory auditor during a board meeting held on August 25, 2026. The firm will serve from the conclusion of the ensuing annual general meeting until the conclusion of the AGM for financial year 2030-31, subject to shareholder approval.

The board also considered and approved the draft annual report for the financial year ending March 31, 2026. Additionally, the company recommended the re-appointment of Mrs. Padma Mishra (DIN: 07668700), who retires by rotation and offers herself for re-election at the ensuing AGM.

Auditor Appointment Details

Bilimoria Mehta & Co is a chartered accountants firm established in 1977 with offices in Mumbai, Delhi, and Bangalore. The firm provides assurance services including statutory audits, internal audits, and Ind AS/IFRS transition support. It has experience serving listed companies across diverse sectors including media, technology, and manufacturing.

Particulars Details
Firm Name Bilimoria Mehta & Co
FRN 101490W
Term From ensuing AGM until conclusion of AGM for FY31
Relationship Disclosure Not Applicable

Other Board Approvals

The board approved the appointment of Mr. Pratik Bangade, proprietor of M/s. Pratik Bangade & Associates, as scrutinizer for conducting e-voting and poll processes for the annual general meeting. The meeting commenced at 1:00 pm and concluded at 1:30 pm.

Historical Stock Returns for Exhicon Events Media Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+1.84%-2.10%-2.94%-6.39%-13.39%0.0%

How might the appointment of Bilimoria Mehta & Co, with its specific expertise in Ind AS/IFRS transitions, influence Exhicon's financial reporting standards and transparency in the coming years?

What strategic initiatives or financial performance metrics are likely highlighted in the draft annual report for FY2026 that shareholders should scrutinize before the AGM?

Given Mrs. Padma Mishra's re-appointment, what specific governance or operational improvements has she driven during her previous tenure that justify her continued leadership?

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