ALPHA TRIBE

Exhicon Events Media Solutions LtdUpdates, 16-05-2025: Company Update

16-05-2025 | 07:18 pm

Exhicon Events Media Solutions Limited confirms there has been no deviation or variation in the utilization of funds raised through its Initial Public Offer (INR 21.12 Cr) and Preferential Issues (INR 34.57 Cr and INR 26.85 Cr). The funds have been used as intended across working capital, acquisition of exhibition material, capital expenditures, operational expenses, and general corporate purposes. Audit Committee and auditors have reviewed and found no comments. This shows disciplined capital management, ensuring investors’ funds are deployed as planned, supporting steady business operations.

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