Exhicon Events Media Solutions Completes Fresh Warrant Conversion Raising ₹8.88 Cr
Exhicon Events Media Solutions has successfully completed another preferential allotment through warrant conversion, raising ₹8.88 crore from a single non-promoter investor. This latest fundraising follows the company's previous warrant conversion in December 2023, demonstrating continued investor interest in the events and media solutions company.
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Exhicon Events Media Solutions Limited has announced the completion of another preferential allotment of equity shares through warrant conversion, raising ₹8.88 crore from a non-promoter investor. The Preferential Allotment Committee meeting held on December 17, 2025, approved the latest conversion of convertible warrants into equity shares.
Latest Warrant Conversion Details
The company allotted 3,76,000 equity shares with a face value of ₹10.00 each at an issue price of ₹315.00 per share. The issue price includes a premium of ₹305.00 per share, maintaining the same pricing structure as previous allotments.
| Parameter | Details |
|---|---|
| Total Shares Allotted | 3,76,000 equity shares |
| Face Value | ₹10.00 per share |
| Issue Price | ₹315.00 per share |
| Premium | ₹305.00 per share |
| Total Amount Raised | ₹8,88,30,000.00 |
| Conversion Ratio | 1:1 (One equity share per warrant) |
Investor Details
The latest warrant conversion was exercised by a single non-promoter investor. The allotment was made upon receipt of the remaining exercise price of ₹236.25 per warrant, representing 75% of the total warrant exercise price.
| Investor Name | Category | Warrants Converted | Amount Received (₹) |
|---|---|---|---|
| Toshi Anua Sayam | Non-Promoter | 3,76,000 | 8,88,30,000.00 |
| Total | 3,76,000 | 8,88,30,000.00 |
Previous Allotment Summary
This follows the company's earlier warrant conversion completed in December 2023, where 4,31,000 equity shares were allotted to three non-promoter investors, raising ₹10.18 crore. The previous allotment included investors Jitendra Rasiklal Sanghavi, Ramesh Sakharampant Deshpande, and Akshay Rajesh Khandor.
| Previous Allotment Summary | Details |
|---|---|
| Total Shares (Dec 2023) | 4,31,000 equity shares |
| Amount Raised (Dec 2023) | ₹10,18,23,750.00 |
| Current Allotment (Dec 2025) | 3,76,000 equity shares |
| Current Amount Raised | ₹8,88,30,000.00 |
Committee Meeting and Compliance
The Preferential Allotment Committee meeting was conducted at the company's registered office in Mumbai on December 17, 2025. The meeting commenced at 4:00 PM and concluded at 4:45 PM.
The committee authorized company directors to file the Return of Allotment with the Registrar of Companies as required under Section 39 of the Companies Act, 2013. The allotment was conducted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The newly allotted equity shares will be admitted to NSDL/CDSL with appropriate lock-in provisions as per SEBI guidelines for preferential issues. Directors were empowered to handle all necessary documentation and provide direct credit of shares to the investor's demat account.
Historical Stock Returns for Exhicon Events Media Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.59% | +7.04% | -0.79% | +18.66% | +48.95% | +711.01% |


























