Monitoring Agency report for the Q4FY26 is enclosed
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Exhicon Events Media Solutions has submitted its Q4FY26 monitoring agency report for a preferential issue of 34,10,000 fully convertible share warrants worth Rs. 107.42 crore. Out of the approved issue, only Rs. 68.52 crore (about 64%) has been subscribed so far, with Rs. 66.72 crore already deployed. The unutilized balance of Rs. 1.80 crore is parked in fixed deposits with Axis Bank and ICICI Bank. No deviations from the offer document objects were observed. The warrants are being converted in phases, with conversions happening in Q1, Q2, and Q3 of FY26. The project timelines remain on track with no delays reported.
The partial subscription (only 64% subscribed) means the company has received less capital than originally planned. However, no deviations in fund utilization and no delays in implementation are positive signs for shareholders. The ongoing warrant conversions will gradually increase equity capital.