Mach Conferences & Events announced major strategic developments including key leadership appointments and corporate transformation plans following its board meeting held on March 06, 2026. The company disclosed these developments under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Leadership Strengthening with Industry Veteran

The board approved the appointment of Kaushik Ghosh as Additional Director (Executive and Non-Independent) effective March 07, 2026, based on recommendations from the Nomination and Remuneration Committee. The appointment will hold office until the next Annual General Meeting or the last date on which the Annual General Meeting should have been held, whichever is earlier.

Kaushik Ghosh brings extensive experience from leadership roles at global companies including United Airlines and Carlson Wagonlit. His expertise spans strategic planning, operational management, team development, and stakeholder engagement, with a focus on sustainable and people-centric growth. According to Chairman & Managing Director Amit Bhatia, "His leadership experience and strategic insights will add significant value as we continue to scale our business and expand into new segments of the travel and services ecosystem."

Strategic Transformation and Corporate Name Change

The board approved changing the company name from "Mach Conferences and Events Limited" to "Mach Corporations Limited," reflecting the company's strategic evolution from a MICE-focused enterprise to a holistic travel solutions company. This change includes consequential amendments to the Memorandum of Association and Articles of Association.

Business Expansion and Growth Strategy

Mach is expanding its presence across multiple verticals including corporate travel, B2B travel services, B2C travel platforms, leisure travel, inbound tourism, and government projects. The company plans to strengthen its nationwide presence with expansion across India, particularly focusing on Tier 2 and Tier 3 cities where demand for organized travel services is witnessing significant growth.

The company has built a strong reputation over 20 years for executing large-scale international and domestic events, conducting over 300 large and medium-size events in the previous 3 years involving over 30 elite brands. With certifications from eminent bodies like IATA, ADTOI, IATO, PATA, EGAC, JATA, OTOAI, SKAL INTERNATIONAL, NIMA and ICPB, Mach aims to leverage its operational expertise and industry relationships to create a comprehensive travel platform catering to corporate clients, institutions, government bodies, and retail travelers alike.

Promoter Amit Bhatia has acquired additional shares in Mach Conferences and Events Limited through an open market purchase, as disclosed under SEBI regulations. The transaction, completed on February 19, 2026, represents a marginal increase in the promoter's already substantial shareholding in the events management company.

Transaction Details

The acquisition involved the purchase of 600 shares through open market operations. This transaction increased Bhatia's total shareholding from 1,36,38,800 shares to 1,36,39,400 shares, representing a percentage increase from 64.8321% to 64.8350% of the company's total voting capital.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal notification was submitted to BSE Limited and the company's compliance officer on February 21, 2026, maintaining transparency in shareholding changes for listed entities.

Company Capital Structure

The company's equity share capital remained unchanged at Rs. 21,03,71,000 following this transaction. The total diluted share capital also stands at the same amount, indicating no outstanding convertible instruments or warrants that could affect the ownership calculations.

Market Transaction

The shares were acquired through open market operations, demonstrating the promoter's continued confidence in the company's prospects. The transaction was executed on February 19, 2026, with the formal regulatory disclosure following within the prescribed timeframe. This acquisition maintains Bhatia's position as the controlling shareholder while slightly strengthening his ownership stake in the events and conferences management company.