Exhicon Events Allots 6.87 Lakh Equity Shares via Warrant Conversion

Exhicon Events Media Solutions Ltd announced the allotment of 6,87,800 equity shares, each with a face value of Rs. 10, at an issue price of Rs. 315 per share. This allotment, totaling Rs. 16,24,92,750, was made upon the conversion of convertible warrants by non-promoter category shareholders. The company received the remaining exercise price of Rs. 236.25 per warrant, representing 75% of the total exercise price. The Preferential Allotment Committee approved this conversion in a meeting held on August 13, 2026. The company has authorized directors to file the necessary returns with the Registrar of Companies and complete other regulatory compliances.