Announced Sat, 21 Feb · 16:05 IST

Enclosed

Business Updates View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mach Conferences and Events Ltd (BSE: 544248) has secured an international MICE order valued at approximately ₹17 crores from a reputed BFSI (banking, financial services and insurance) institution. The program involves moving around 600–650 delegates from India to Auckland, New Zealand for a 3-night engagement scheduled in the first week of April 2026. Services include end-to-end travel management, accommodation, ground logistics, conference production, curated destination experiences and a gala event. The company describes this as one of the largest corporate incentive group movements from India to New Zealand and says it strengthens its order book visibility for FY 2026–27.

Likely market impact

Positive for the stock — this is a sizeable new contract win that boosts revenue visibility for FY26-27 and reinforces the company's positioning in large-scale international MICE events, though execution risk on a single large program remains.