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

Mach Travel Solutions Limited will voluntarily publish its quarterly financial results starting from Q1 FY27, exceeding the regulatory requirement for companies listed on the BSE SME Platform. The company, formerly known as Mach Conferences and Events Limited, stated that while half-yearly publication is the prescribed norm, it is adopting quarterly disclosures to ensure greater transparency and proactive engagement with shareholders. This initiative aligns with the firm's philosophy of adopting governance practices that go beyond minimum requirements to contribute to long-term shareholder value.

The decision comes as the company transforms into a diversified travel solutions platform. Management believes that more frequent financial disclosures will provide stakeholders with better visibility into its operational and financial performance. Over the past three months, the company has expanded its presence across Corporate Travel, MICE, B2B, Leisure and Government & Institutional Projects, while strengthening its technology capabilities and progressing towards the launch of its B2C Online Travel Agency (OTA) platform.

Amit Bhatia, Chairman & Managing Director of Mach Travel Solutions Limited, emphasized that transparency and timely communication are fundamental to building investor confidence. He noted that as the business evolves from a specialist MICE company into a technology-enabled travel solutions company with multiple growth engines, frequent disclosures will help the investment community understand the execution of its long-term strategy.

Business Overview

Mach Travel Solutions Limited provides technology-enabled end-to-end travel solutions across various segments. The company is developing a B2C OTA platform as part of its strategy to build a comprehensive travel ecosystem.

The company maintains a pan-India presence with offices in Noida, New Delhi, Kolkata, Mumbai, Bengaluru and Bhubaneswar. It is accredited by leading national and international travel associations, including IATA, PATA, IATO, ADTOI, OTOAI, SKÅL International, JATA, ICPB, EGAC and NIMA.