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.

Mach Conferences and Events Limited has secured a prestigious international MICE (Meetings, Incentives, Conferences, and Exhibitions) contract worth approximately ₹17 crores from a leading BFSI institution, marking a significant milestone for the event management company. The contract involves organizing one of the largest group movements from India to New Zealand for approximately 600-650 delegates, scheduled for execution in the first week of April 2026.

Contract Details and Scope

The comprehensive contract encompasses end-to-end services for a 3-night engagement in Auckland, New Zealand. The company will provide complete travel management, accommodation consolidation, ground logistics, conference production, curated destination experiences, and gala event execution for the participants.

Service Components and Operational Complexity

The project represents a full-service MICE offering that demonstrates the company's capability to handle large-scale international events across long-haul destinations. According to the official announcement, managing a movement of this scale to New Zealand requires strong operational expertise, meticulous planning, and seamless international collaboration.

The services included in the contract encompass:

• Travel Management: Complete end-to-end travel arrangements including large-scale airlift management
• Accommodation Services: Consolidation and management of lodging requirements
• Ground Logistics: Local transportation and logistical support in Auckland
• Conference Production: Professional event production and on-ground execution
• Destination Experiences: Curated activities and experiences tailored to the group
• Gala Event Services: Special event planning and execution
• Visa Coordination: Complete visa processing support for all delegates

Management Commentary and Strategic Significance

Commenting on the development, Mr. Amit Bhatia, Chairman & Managing Director, highlighted that this order reflects the continued trust that leading BFSI institutions place in the company's execution capabilities and global partnerships. He emphasized that New Zealand, being a long-haul MICE destination, involves significant logistical and operational complexities.

The management noted that the company continues to witness strong momentum in the international MICE segment, particularly from BFSI and large corporate incentive programs, which is strengthening its order book visibility for the upcoming financial year.

Company Profile and Capabilities

Mach Conferences and Events Limited, listed on BSE with scrip code 544248, is positioned as one of India's leading MICE and travel management companies. The company brings over 20 years of experience with certifications from eminent bodies including IATA, ADTOI, IATO, and PATA. In the previous three years, the company has successfully conducted over 300 large and medium-size events involving more than 30 elite brands, establishing itself as a globally capable Indian MICE operator.