Exhicon Events Media Solutions , a prominent player in the events and media industry, has announced its unaudited financial results for the half year ended September 30, 2025, along with a significant corporate development.

Financial Results

The company's Board of Directors approved the unaudited financial results for the half-year period in a meeting held on November 10, 2025. While specific details of the half-year performance were not provided, the approval of these results by the board ensures compliance with regulatory requirements and maintains transparency for stakeholders.

Corporate Development

In a notable turn of events, Exhicon Events Media Solutions has decided to cancel its full acquisition of Impulse B2B Solution Associates. This decision was made due to the following reasons:

• Non-achievement of agreed milestones
• Non-fulfilment of binding terms and conditions in the acquisition agreement

The company disclosed that only about 10% of the agreed consideration was expensed towards this acquisition. These expenses were primarily allocated for:

• Preliminary integration activities
• Transition-related costs

Exhicon has assured stakeholders that this cancellation will not have any material impact on its financial position or operations.

Next Steps

Following this decision, Exhicon Events Media Solutions plans to:

1. Undertake necessary steps for the formal termination of the agreement
2. Ensure compliance with applicable contractual provisions
3. Adhere to all relevant regulatory requirements

Market Implications

The cancellation of the Impulse B2B Solution Associates acquisition demonstrates Exhicon's prudent approach to corporate decisions. By prioritizing the achievement of agreed milestones and adherence to binding terms, the company shows its commitment to responsible growth and value creation for its stakeholders.

As the events and media industry continues to evolve, Exhicon's ability to make strategic decisions and adapt to changing circumstances may position it well for future opportunities and challenges in the market. However, investors and stakeholders should continue to monitor the company's performance in subsequent periods to assess the impact of this decision on its overall growth strategy.

Exhicon Events Media Solutions' latest financial approval and corporate decision reflect its focus on transparency, compliance, and strategic management in a dynamic market environment. As the company moves forward, its approach to operational efficiency and growth initiatives will likely continue to shape its financial performance and market position.

Exhicon Events Media Solutions Limited has taken a significant step towards expanding its presence in the exhibition and convention sector. The company, through its wholly owned subsidiary Exhicon Global Development Private Limited, has entered into a Memorandum of Understanding (MoU) with Nashik Industries Manufacturers Association (NIMA) on October 29, 2025.

Project Overview

The MoU establishes a framework for mutual cooperation to facilitate, coordinate, and plan an International Exhibition and Convention Centre in Nashik, Maharashtra. The project, to be branded as Nashik International Exhibition Convention Centre (NIECC), aims to boost the region's capacity for hosting large-scale events and exhibitions.

Roles and Responsibilities

The agreement outlines specific roles for both parties involved:

Joint Steering Committee

Both Exhicon and NIMA have agreed to constitute a Joint Steering Committee. This committee will be responsible for reviewing milestones and guiding the implementation of the project.

Financial Implications

It's important to note that at this stage, the MoU does not entail any material financial commitment or obligation for either party. This suggests that the agreement is primarily focused on establishing the framework for cooperation, with financial details likely to be determined as the project progresses.

The collaboration between Exhicon Events Media Solutions and NIMA represents a potential opportunity for both parties to leverage their respective strengths in developing a significant infrastructure project. As the project moves forward, more details about its scope, timeline, and economic impact on the region may emerge.

Investors and stakeholders of Exhicon Events Media Solutions Limited may want to monitor future announcements for updates on this project's development and any potential impact on the company's financial outlook.