01-01-1970 12:00 AM | Source: Accord Fintech
Exhicon Event Media Solutions touches roof on signing MoU with Chetak Equine Development
News By Tags | #1480 #572

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Exhicon Events Media Solutions is currently trading at upper limit of Rs. 232.80, up by 11.05 points or 4.98% from its previous closing of Rs. 221.75 on the BSE.

The scrip opened at Rs. 232.80 and has touched a high and low of Rs. 232.80 and Rs. 232.80 respectively. So far 6000 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 258.80 on 06-Jul-2023 and a 52 week low of Rs. 64.00 on 17-Apr-2023.

Last one week high and low of the scrip stood at Rs. 232.80 and Rs. 197.40 respectively. The current market cap of the company is Rs. 276.46 crore.

The promoters holding in the company stood at 86.20%, while Non-Institutions held 13.80% stake in the company.

Exhicon Event Media Solutions (EEMSL) has signed the memorandum of understanding (MoU) with Chetak Equine Development (CEDPL) on July 18, 2023 to Co-organize the Show named Sarangkheda Chetak Festival for the upcoming 10 years. The Sarangkheda Chetak Festival is one of the oldest horse fairs in the Country and having been organized for around 300 years and now the same will be Co-Organized and managed by Exhicon for the next 10 years. 

EEMSL will provide end-to-end execution of the show, encompassing program management, venue arrangements, stage setup, technical logistics, audio-visual production, participant registration, onsite management, sponsorship, logistics, legal documentation, and overall event coordination. Profit sharing shall be equal between CEDPL and EEMSL, EEMSL shall be additionally paid as per mutually agreed payment terms for all services rendered for the event.

Exhicon Events Media Solutions provides products and services for the exhibition, conferences, and events industry. The company offers media to integrated marketing solutions, event infrastructure, and management to organizing solutions to B2B and B2C fairs and events.