Mach Travel Solutions Limited announced it has onboarded more than 140 corporate clients for its Corporate Ticketing services and Self-Booking Tool (SBT) as of September 30, 2026. This milestone was achieved within approximately six months of launching the dedicated Corporate Travel vertical in April 2026.

The company disclosed this development in a press release filed with the BSE under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rapid scaling of this business segment marks a significant step in the company's expansion strategy.

Diversified industry coverage

The new corporate client base spans a wide array of sectors, reducing dependence on any single industry. The diversified mix provides a broad foundation for long-term relationships.

Business model and strategic focus

Unlike project-based travel businesses, corporate travel requirements are typically recurring throughout the year. Mach Travel Solutions combines its Self-Booking Tool with dedicated account management and service support. This hybrid model enables clients to manage travel requirements through structured booking workflows, approval mechanisms, and centralized processes.

The growing client base creates opportunities to deepen relationships by serving broader travel needs, including MICE, hotels, and leisure travel. The company views Corporate Travel as a key component of its transformation into an integrated travel solutions provider.

Management commentary

Amit Bhatia, Chairman & Managing Director, stated that crossing 140 corporate clients in six months is an encouraging milestone. He emphasized that the pace of business building is more critical than the absolute number. The objective is to develop long-term relationships where technology and service become integral to the client's travel ecosystem.

"We intend to continue strengthening our technology, service infrastructure and client relationships as we scale this business," Bhatia said. The company continues to diversify its model by building multiple travel verticals with different demand characteristics.

Mach Travel Solutions shareholders approved all eight resolutions at its 22nd Annual General Meeting on September 15, 2026, with 100% support. The company declared a final dividend of ₹0.50 per equity share for FY26.

The meeting commenced at 1 pm via video conferencing due to technical delays, having been scheduled for 12 pm. Amit Bhatia, Chairman and Managing Director, chaired the proceedings. Laveena Bhatia, Whole-Time Director, presented an overview of the company’s performance and strategic diversification into integrated travel solutions.

Voting Results

The scrutinizer’s report confirmed that all resolutions passed with unanimous support from the votes polled. A total of 16,085,850 shares voted in favour across most resolutions, representing approximately 76.46% of outstanding shares as of the record date (September 4, 2026). No votes were cast against any resolution.

Promoter group shareholders held 15,707,600 shares and participated actively, casting 15,696,600 votes (99.93% participation). Public non-institutional shareholders held 4,369,500 shares, with approximately 389,250 votes polled. Public institutional shareholders did not cast any votes.

Key Resolutions

Shareholders approved the following ordinary and special resolutions through remote e-voting and voting during the AGM:

• Adoption of the audited standalone and consolidated financial statements for FY26.
• Re-appointment of Amit Bhatia as a director retiring by rotation.
• Appointment of Kaushik Ghosh as Executive Director and Joint Managing Director from August 12, 2026, to August 11, 2031.
• Appointment of Ranjan Ghosh and Adit Bhatia as Executive Directors.
• Appointment of Yash Pal Bhatia as Non-Executive and Non-Independent Director.

Meeting Details

The AGM was conducted in compliance with SEBI Listing Regulations and the Companies Act, 2013. Statutory Auditor Gulati Sandeep & Co. and Secretarial Auditor Dhirender Tripathi & Associates were present. The e-voting facility remained open for 15 minutes after the meeting concluded at 1:16 pm.