Exhicon Events Media rises on acquiring 100% stake in Impulse B2B Solution and associates
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Exhicon Events Media Solutions is currently trading at Rs. 285.00, up by 5.10 points or 1.82% from its previous closing of Rs. 279.90 on the BSE.
The scrip opened at Rs. 286.00 and has touched a high and low of Rs. 299.90 and Rs. 278.00 respectively. So far 40000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 350.90 on 07-Aug-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. 299.90 and Rs. 276.10 respectively. The current market cap of the company is Rs. 331.33 crore.
The promoters holding in the company stood at 62.25%, while Institutions and Non-Institutions held 3.65% and 34.10% respectively.
Exhicon Events Media Solutions (EEMSL) has successfully completed the acquisition of Impulse B2B Solution and Associates. The company has executed the agreements for acquisition of 100% of its stake. This acquisition will add strategic value to EEMSL by adding the data and research services to its existing and prospective clients and further increase its clients in the global event marketplace. The Board of Directors of the Company in its meeting held on July 13, 2023 had approved the same.
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.
