Exhicon Events Allots 8.81 Lakh Equity Shares via Preferential Allotment

Exhicon Events Media Solutions Ltd announced the outcome of its Preferential Allotment Committee meeting held on July 21, 2026. The committee approved the allotment of 8,81,000 equity shares of face value Rs. 10 each at an issue price of Rs. 315 per share (including a premium of Rs. 305). This allotment is a conversion of 8,81,000 convertible warrants into equity shares for cash, upon receipt of the remaining exercise price. The total amount raised aggregates to Rs. 20,81,36,250. The shares were allotted to non-promoter category investors. The company has authorized directors to file the necessary returns with the Registrar of Companies and complete other formalities for listing and trading permissions.