Exhicon Events Media Solutions Ltd — Important, 14-08-2026: Company Update
14-08-2026 | 05:09 pm
14-08-2026 | 05:09 pm
Exhicon Events Media Solutions received a monitoring report on its preferential issue of warrants, affirming proper utilization of funds. The company raised Rs. 68.52 crore against the approved Rs. 107.42 crore from 34,10,000 warrants. The report confirmed no deviation from the stated objectives for fund use. A total of Rs. 66.72 crore was deployed towards growth initiatives, investments, operations, and general corporate purposes. The remaining Rs. 1.80 crore of unutilized funds are strategically placed in fixed deposits and a current account. This update assures investors that capital is being managed as planned, reinforcing confidence in the company’s financial stewardship.
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