Monitoring Agency Report is enclosed herewith.
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Awaiting price reaction for this filing.
Exhicon Events Media Solutions has filed its Monitoring Agency Report for the quarter ended December 31, 2025, covering its preferential issue of fully convertible share warrants. Out of an original plan to issue 44.74 lakh warrants for Rs. 140.93 crore, only 34.10 lakh warrants were subscribed, raising a revised issue size of Rs. 107.42 crore at Rs. 315 per warrant. To date, the company has received Rs. 68.52 crore in net proceeds, of which Rs. 61.34 crore has been deployed and Rs. 7.18 crore remains unutilized (parked in Axis Bank and ICICI Bank fixed deposits and a current account). The Monitoring Agency (Infomerics Valuation and Rating) reported no deviation from the stated objects, no change in means of finance, and no delay in implementation, confirming utilization is in line with the offer document.
This is a routine regulatory compliance filing with no negative signals — no deviations, no delays, and idle funds are earning interest in bank deposits. Shareholders should note that the preferential issue was undersubscribed (76% of original size), so the scope of the company's growth and expansion plans is smaller than initially envisioned.