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Business Update12 Jun 2026, 08:54 am

Exhicon Subsidiary Signs Heads of Terms for Nashik Venue Project

AI Summary

Exhicon Events Media Solutions Ltd announced that its wholly owned subsidiary, Exhicon Global Development Private Limited, has signed Heads of Terms with landowners for a new Convention and Mixed Event Venue project in Nashik, Maharashtra. The project will be developed on approximately 2.4 acres and will include convention facilities, exhibition space, and supporting amenities. This initiative aligns with the company's strategy to expand its presence in the exhibition and event infrastructure sector.

Key Highlights

  • Subsidiary signs Heads of Terms for a new convention and event venue.
  • Project located in Nashik, Maharashtra, on approximately 2.4 acres.
  • Venue to cater to exhibitions, conferences, corporate events, and social functions.
  • Development aligns with company's venue development strategy.