Exhicon Events Media Solutions Limited has announced the completion of a preferential allotment of equity shares through warrant conversion, raising ₹10.18 crore from non-promoter investors. The Preferential Allotment Committee meeting held on December 12, 2023, approved the conversion of convertible warrants into equity shares.

Warrant Conversion Details

The company allotted 4,31,000 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.

Investor Participation

Three non-promoter investors participated in the warrant conversion exercise. The allotment was made upon receipt of the remaining exercise price of ₹236.25 per warrant, representing 75% of the total warrant exercise price.

Committee Meeting Proceedings

The Preferential Allotment Committee meeting was conducted at the company's registered office in Mumbai. The meeting commenced at 1:00 PM and concluded at 1:45 PM on December 12, 2023.

The committee authorized the company directors to file the Return of Allotment with the Registrar of Companies as required under Section 39 of the Companies Act, 2013. Additionally, directors were empowered to handle all necessary documentation and compliance requirements related to the allotment.

Regulatory Compliance

The allotment was conducted in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as required under Schedule III Part A of the SEBI regulations and relevant SEBI circulars.

The newly allotted equity shares will be admitted to NSDL/CDSL with appropriate lock-in provisions as per SEBI guidelines for preferential issues. The company has also ensured that all necessary authorizations are in place for direct credit of shares to investors' demat accounts.

Exhicon Events Media Solutions Limited has reported robust financial performance for the half year ended September 30, 2025, showcasing significant growth across key financial metrics.

Financial Highlights

Key Developments

• The company maintained its debt-free status while significantly improving its cash balance, which increased by 140% year-on-year.
• Exhicon made substantial investments in property, plant, and equipment, totaling ₹6,101.06 lakhs during the period.

Management Commentary

MQ Syed, Chairman and Managing Director of Exhicon Events Media Solutions, expressed satisfaction with the company's performance, highlighting exceptional results across all segments. He also conveyed confidence in maintaining this momentum for the second half of the fiscal year.

Financial Position

The company's strong financial position is evident from the growth in shareholders' funds, which reached ₹16,840.25 lakhs. The reserves and surplus component saw a notable increase of 47%, rising to ₹14,556.43 lakhs.

Profitability and Efficiency

Exhicon demonstrated improved profitability with a PAT margin of 21.55% and a PBDITA margin of 26.93%. The substantial growth in both basic and diluted Earnings Per Share (EPS) further underscores the company's strong performance during this period.

The reported results indicate that Exhicon Events Media Solutions has delivered a robust financial performance in the first half of FY2025-26, marked by significant revenue growth, improved profitability, and strategic investments in assets.