Announced Tue, 21 Apr · 21:49 IST
Exhicon signs term sheet for Exhibition & Convention Centre at MMLP Indore
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.6%1-day move
₹509.50
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+5.6+5.6+7.0+3.0-0.2+3.4+1.2-9.3-12.0+4.2
Up moveDown movePending
AI summary
Exhicon has signed a Term Sheet for a Design, Build & O&M partnership for an Exhibition & Convention Centre at MMLP Indore, MP. The ~4-acre project sits within a 255-acre Multimodal Logistics Park. Developer funds entire CAPEX; subsidiary Exhicon Global Development handles design & construction, giving Exhicon execution revenue plus a 10-year O&M revenue share (35% Yrs 1-3, 30% thereafter). This is the 5th multipurpose venue signed in 2 years, with 2 already operational.
Likely market impact
Strengthens Exhicon's asset-light, dual-revenue model with long-term annuity income; expands its venue infrastructure footprint.