Mach Travel Solutions Limited has commenced commercial operations at its new office in Ahmedabad, strengthening its operational footprint in western India. The new Full-Service Center (FSC) enhances the company's ability to serve corporate, institutional, government, and leisure travel requirements across the region. This expansion follows the recent commencement of commercial operations at the company's Bhubaneswar office on July 1, 2026, reflecting a continued focus on expanding its on-ground presence in high-potential markets.

With the addition of Ahmedabad, Mach Travel Solutions now operates seven fully operational FSCs located in Noida, New Delhi, Mumbai, Bengaluru, Kolkata, Bhubaneswar, and Ahmedabad. The company stated that each center is equipped to provide end-to-end travel services, enabling seamless support for clients from multiple locations across the country. This expansion is part of the company's strategy to strengthen local execution capabilities and provide faster response times.

Amit Bhatia, Chairman & Managing Director of Mach Travel Solutions Limited, highlighted the significance of the move. "The commencement of operations in Ahmedabad marks another important milestone in Mach Travel Solutions' growth journey. Gujarat is one of India's most vibrant business and industrial hubs, and establishing a presence here enables us to be closer to our clients while strengthening our ability to deliver seamless travel solutions across the region."

The company provides technology-enabled end-to-end travel solutions across Corporate Travel, MICE, B2B, Leisure, and Government & Institutional Projects. It is also progressing towards the launch of a B2C Online Travel Agency (OTA) platform. Mach Travel Solutions is accredited by leading national and international travel associations, including IATA, GBTA, PATA, and IATO.

Operational Locations

Mach Travel Solutions Ltd has secured in-principle approval from BSE to list up to 8,76,500 equity shares allotted under its ESOP 2025 scheme. The shares, carrying a face value of Rs. 10 each, will be listed upon the exercise of stock options by employees. This approval facilitates the trading of shares issued under the MACH CONFERENCES AND EVENTS LIMITED ESOP 2025, subject to specific regulatory conditions.

The approval, communicated via a letter dated July 06, 2026, is contingent upon compliance with the terms outlined by the exchange. The company must adhere to the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and the Companies Act, 2013. BSE has mandated that the company notify the exchange in the prescribed format under Regulation 10(c) after the shares are allotted and credited to the beneficiaries' accounts.

Conditions for Listing

The in-principle approval is subject to several conditions that Mach Travel Solutions Ltd must fulfill:

• Notification: The company must submit a listing application and notify the exchange after share allotment and credit to beneficiary accounts.
• Fees: Payment of listing fees as prescribed by the exchange from time to time.
• Statutory Approvals: Receipt of necessary approvals from statutory authorities, including SEBI, RBI, and the Ministry of Corporate Affairs (MCA).
• Compliance: Adherence to all guidelines, regulations, and directions of the exchange and other statutory authorities.
• Listing Agreement: Compliance with all conditions of the Listing Agreement as on the date of listing.
• Documentation: Submission of documents listed in the checklist available on the BSE website.

BSE reserves the right to withdraw the in-principle approval if any information submitted is found to be incomplete, incorrect, misleading, or false. Trading permissions will be issued from time to time upon receipt of the required notification and compliance with the stated conditions.

Key Details of the ESOP Issue