Exhicon Events Media Solutions Limited has reported a strong performance for the first half of fiscal year 2026, marked by significant project executions, strategic expansions, and notable contract wins. The company's growth trajectory is underpinned by its diversified portfolio of services and infrastructure developments in the exhibition and events sector.

Key Highlights

• Major Project Executions: Exhicon successfully delivered several high-profile events, including:

  • 24th Global Conference of Actuaries
  • Milipol India 2025
  • UP International Trade Show 2025 (inaugurated by the Prime Minister)

• Significant Contract Wins:

  • ₹50.00 crore order from India Exposition Mart Limited
  • ₹32.00 crore (AED 13 million) contract for a Dubai government project through its UAE subsidiary

• Infrastructure Development:

  • Messe Global Arena in Pune scheduled for completion in October 2025
  • Construction of India's largest span exhibition halls (24,000 sqm) in Greater Noida

• International Expansion:

  • Executed 'Best of India' exhibition series across South Africa, Azerbaijan, and Cambodia
  • Provided exhibition services for 18 Indian companies across multiple countries

• Capacity Enhancement:

  • Increased booth manufacturing capacity to 1,000 units
  • Expanded hangar capacity to 5,000 sqm

Financial Performance

Exhicon has maintained its profitability through strategic cost control and focus on higher-margin services. The company declared dividends for the third consecutive year, reflecting its financial strength and commitment to shareholder value.

Strategic Initiatives

Outlook

Exhicon's strategy aligns with long-term government partnerships and high-margin service growth, positioning the company for sustained market leadership. The company's focus on diversification, infrastructure development, and international expansion is expected to drive future growth and enhance its market position in the exhibition and events industry.

Exhicon Events Media Solutions Limited has announced significant strategic moves to expand its operations and streamline its management structure. The company's Board of Directors has approved the incorporation of wholly owned subsidiaries in India and the United Kingdom, along with the formation of a new Management Committee.

New Subsidiaries for Sustainable Development

The Board has given the green light for the establishment of two new wholly owned subsidiaries:

1. Indian Subsidiary: To be named 'Exhicon Global Development India Private Limited' (subject to approval by the Ministry of Corporate Affairs), this entity will spearhead the development of sustainable exhibition and convention venues across India. The company plans to utilize the Public-Private Partnership (PPP) model for these projects, aiming to create world-class facilities.

2. UK Subsidiary: While the exact name is yet to be disclosed, this subsidiary will play a crucial role in leveraging the United Kingdom's expertise in several key areas:

   • ESG (Environmental, Social, and Governance) compliance
   • Green building standards
   • Sustainable financing frameworks

The UK subsidiary's establishment is expected to bolster Exhicon's upcoming venue developments in India by incorporating global best practices and international expertise.

Management Committee Formation

In a move to enhance operational efficiency, the Board has constituted a Management Committee comprising three key directors:

This committee has been empowered to handle day-to-day operations and implement the Board's strategic directions. The Board has granted the Management Committee the authority to make necessary decisions and take actions pertaining to the company's daily operations within delegated limits.

Board Meeting Details

The decisions were made during a Board meeting held on Friday, October 3. The meeting commenced at 6:00 PM and concluded at 7:30 PM.

Exhicon Events Media Solutions Limited has stated that this information is available on the company's website at https://exhiconevents.in/ . The company's move to establish these subsidiaries and form a Management Committee appears to be part of a broader strategy to enhance its capabilities in sustainable venue development and streamline its operational decision-making processes.