Mach Conferences & Events has secured a major international group movement project to Dubai worth ₹100 million, as announced in a regulatory filing. The project involves managing travel and hospitality services for approximately 1,200 participants and represents a significant business opportunity for the company.

Project Details and Scope

The contract has been awarded by a domestic health insurance company for providing comprehensive hospitality and travel management services. The project is classified as international in nature, with Dubai as the destination for the group movement.

Execution Timeline and Financial Impact

The company has committed to executing the project within the current financial year 2025-26. This timeline indicates that the revenue recognition and operational activities related to this contract will be completed before the fiscal year ends.

Regulatory Compliance and Transparency

The announcement was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required by regulatory guidelines, ensuring full transparency regarding the contract terms and conditions.

Key compliance aspects include:

• No promoter or group company interest in the awarding entity
• Contract does not fall under related party transactions
• Full disclosure of contract terms and execution timeline
• Proper regulatory filing procedures followed

Business Significance

This ₹100 million contract represents a substantial addition to the company's order book and demonstrates its capability to handle large-scale international group movements. The project showcases the company's expertise in managing complex travel and hospitality arrangements for corporate clients, particularly in the healthcare sector.

The successful securing of this contract from a health insurance company also indicates the company's growing presence in the corporate travel management segment and its ability to cater to specialized industry requirements.

Mach Conferences & Events has announced a major business win with a ₹92 crore order from the Punjab Government to manage a large-scale pilgrimage program. The comprehensive contract involves organizing and coordinating services for 185,000 yatris (pilgrims), marking a significant milestone for the event management company.

Contract Details

The substantial government contract encompasses the complete management of the pilgrimage program, with the company taking responsibility for coordinating services across the entire initiative. The project specifications highlight the scale of the undertaking:

Project Scope and Timeline

The 6-month completion timeline indicates the intensive nature of the pilgrimage program, requiring efficient coordination and management of resources to serve such a large number of participants. The contract represents a significant opportunity for Mach Conferences & Events to demonstrate its capabilities in managing large-scale religious and cultural events.

Strategic Significance

This major government contract positions the company as a key player in the government event management sector, particularly for religious and cultural programs. The substantial order value of ₹92 crores represents a significant revenue opportunity and showcases the company's ability to secure and execute large-scale projects.

The successful execution of this pilgrimage program could potentially open doors for similar government contracts and establish the company's credentials in managing complex, large-scale events involving substantial logistical coordination.