Exhicon Events Media Solutions Limited, part of EXHICON group established in 1997 and India’s first publicly listed exhibition services company has announced a significant promoter-led capital infusion with its Board of Directors approving the preferential allotment of 5,00,000 equity shares / warrants to promoter M. Q. Syed at its meeting held on July 7, 2026.
The allotment has been approved at ₹479 per security, a price determined in accordance with the applicable SEBI (ICDR) Regulations. On full conversion/allotment, the transaction represents a capital infusion of approximately ₹23.95 crore by the promoter.
This magnitude of infusion is viewed as an important indicator of long-term conviction, as it involves deploying substantial personal capital into the company at the regulatory pricing formula rather than through open-market purchases.
The proposed infusion is also furthers Exhicon’s capital base and enhances its financial flexibility as the company pursues expansion opportunities in India’s rapidly growing exhibitions, conventions and MICE ecosystem.
Exhicon is India’s first 360 degree integrated exhibition and event services company, offering end-to-end solutions across exhibitions, event infrastructure, design and build & Venue as a Service ( VaaS) The company has steadily expanded its presence in one of India’s fastest-growing business services sectors, supported by increasing demand for large-format exhibitions, corporate events international trade shows and multipurpose event venues across India.
The Board’s approval of the preferential issue reflects continued promoter alignment with shareholders and reinforces management’s confidence in the company’s long-term growth strategy.
