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Exhicon Event Media Solutions touches roof on inking MoU to acquire 76% stake in Pinewoods Golf Club

Exhicon Events Media Solutions Ltd. | Professional Services | Miscellaneous | BSE: 543895 | NSE:

16 Jan 2024 Evaluate

Exhicon Events Media Solutions is currently trading at its upper limit of Rs. 440.00, up by 40.00 points or 10.00% from its previous closing of Rs. 400.00 on the BSE.

The scrip opened at Rs. 400.50 and has touched a high and low of Rs. 440.00 and Rs. 400.50 respectively. So far 151000 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 441.00 on 09-Jan-2024 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. 440.00 and Rs. 390.50 respectively. The current market cap of the company is Rs. 570.35 crore.

The promoters holding in the company stood at 62.25%, while Institutions and Non-Institutions held 3.65% and 34.10% respectively.

Exhicon Event Media Solutions has signed the Memorandum of Understanding (MoU) with Pinewoods Golf Club LLP on January 15, 2024 for acquisition of 76% of the stake of Pinewoods Golf Club LLP. This acquisition includes management rights to manage two expansive golf courses, covering a total of 73 acres, located at the Lodha Belmondo on the Mumbai-Pune Expressway and Blue Ridge, a 28-acre Golf Course in Hinjewadi, Pune.

This strategic move will position Exhicon as a key player in the Golf Tourism Industry facilitating the Corporate Golf, Sports Events, Live Events, Corporate Branding, and unique experiences such as ‘Movies Under the Sky’ to golf enthusiasts and corporate clients.

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.

Exhicon Events Media Share Price

540.50 1.55 (0.29%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Quess Corp	197.10
SIS	323.35
TeamLease Services	1238.30
Bluspring Enterprise	66.79
Updater Services	161.15
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Exhicon Event Media Solutions touches roof on inking MoU to acquire 76% stake in Pinewoods Golf Club

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