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With reference Regulation 44(3) of SEBI (Listing Regulation & Disclosure requirements) Regulations, 2015, Share Samadhan has informed that it enclosed Voting results of the Annual General Meeting of the company held on Monday, 28th September, 2026 through video conferencing ('VC')/other audio visual means ('OAVM') facility along with Scrutinizer's Report.

The above information is a part of company’s filings submitted to BSE.

Eventions

• Eventions is coming out with an initial public offering (IPO) of 32,30,400 equity shares in a price band of Rs 112-118 per equity share.
• The issue will open on September 30, 2026 and will close on October 05, 2026.
• The shares will be listed on Emerge Platform of NSE.
• The face value of the share is Rs 10 and is priced 11.20 times of its face value on the lower side and 11.80 times on the higher side.
• Book running lead manager to the issue is Corporate Professionals Capital.
• Compliance Officer for the issue is Misha Dhawan.

Profile of the company

Eventions operates in the Meetings, Incentives, Conferences and Exhibitions (MICE) and Event Management segment and is engaged in providing services relating to the planning, coordination and execution of corporate events, conferences and related activities. These services are generally provided to corporate clients and institutions and involve coordination of venues, travel arrangements, accommodation, logistics management and on-site event execution support depending on the scope of the engagement. The company’s services are typically delivered on a project-specific basis, wherein clients engage the company for the planning and execution of particular programs or events. A portion of the company’s assignments are received through repeat engagements from existing corporate clients, where organisations periodically organise meetings, conferences and corporate events.

The company undertakes assignments of varying scale which may be organised at domestic locations across India as well as at international destinations, depending on the requirements of the client. The company operates through an asset-light execution model, coordinating with hospitality providers, destination management companies, logistics partners and event production vendors for the delivery of corporate programs across multiple locations. This operating structure enables the company to manage assignments of varying scale while maintaining operational flexibility.

During the financial Year ended March 31, 2026, 2025 and 2024 the company executed 107 successful events, individual billing value exceeding Rs 50 lakh, which represent large-scale and high-value assignments undertaken by it conducted across multiple domestic and international locations industries and has served more than 50 corporate clients. These high-value engagements demonstrate its capability to conceptualize and execute large-scale, complex events involving multi-location coordination, vendor management and customized client requirements.

Proceed is being used for:

• Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company
• Investment in subsidiary
• Meeting working capital requirements
• General corporate purposes

Industry Overview

MICE is an acronym for Meetings, Incentives, Conferences and Exhibitions. The main purpose of MICE events is to create a networking platform for business, industry, government, and academic communities and engage in meaningful conversations. Generally, they bring large groups together for a specific purpose. MICE is also known as the ‘Meetings industry’ or ‘Events industry’. Established nations are mature MICE markets, hence their growth rate has stabilized but the number of conferences and exhibitions being organized by them to date is still staggering. New destinations, especially Asia-Pacific is showing tremendous growth potential. Currently, India is ranked 28 out of 94 countries with 158 meetings in the 2019 ICCA ranking of countries. To increase the share of the Indian MICE industry in the estimated global MICE business and capitalize on its natural and cultural advantages as well as its growing economy, in the year 2022 the Ministry of Tourism formulated a National Strategy for the MICE Industry.

The event management industry’s popularity in the country is growing in recent years, driven by the increasing demand for well-organised events. The rising popularity suggest that people are willing to shift from traditional ways of managing events by themselves to invest in hiring event managers. The event management industry in India is attracting foreign investment as the number of international events held in the country, such as, conferences, exhibitions and live music events, increased. The industry also receives support from the Government of India’s initiatives such as hosting meeting and events during the G20 presidency as well as from ministry of tourism initiatives in promoting MICE.

MICE infrastructure plays an important role in promoting a city/ region as a MICE destination. These are capital intensive investments and require the availability of funds at reasonable rates and a longer tenor. The Government maintains a harmonized master list of sectors, which have been recognized as infrastructure, which enables them to get financing at reasonable rates. Currently Infrastructure status has been accorded to the construction of 3 star and above Hotels located outside the cities with a population of one million and above. Ministry of Tourism will pursue to expand the list of cities for grant of infrastructure to MICE infrastructure projects such as Hotels and Resorts, Exhibition and Convention Centres etc. This will facilitate investment into MICE infrastructure, which will contribute to the growth of MICE business in the country.

Pros and strengths

Integrated service model for MICE and corporate events: The company operates across multiple segments of the events and travel services ecosystem, including Meetings, Incentives, Conferences and Exhibitions (MICE), corporate events and brand activation. This enables the company to undertake assignments involving both destination-based programs and venue-based corporate events. Corporate clients may require a combination of services such as event conceptualization, travel coordination, venue management, hospitality arrangements, logistics planning and on-site execution. The Company’s operating model enables coordination of these components within a single engagement framework, allowing clients to engage the company for multiple aspects of corporate programs. The ability to undertake different types of corporate programs under a coordinated service structure allows the company to address varied client requirements and support the execution of assignments of different scales and complexity.

End-to-end event management capabilities: The company provides services across multiple stages of the event lifecycle, including planning, coordination and execution of corporate programs. Depending on the scope of engagement, assignments undertaken by the company may involve event planning, venue identification, travel arrangements, accommodation coordination, logistics planning, vendor coordination and on-site event management. Such services enable clients to engage the company for various operational components of event execution, reducing the need to coordinate with multiple service providers. The company’s role in such assignments typically involves coordinating multiple stakeholders including hospitality providers, transport vendors, event production agencies and destination partners.

Asset-light business model: The company follows an asset-light operating structure, under which it undertakes event assignments primarily through a network of hospitality partners, destination management companies, event production vendors and logistics service providers. This operating model enables the company to execute assignments across multiple locations without maintaining significant fixed infrastructure or owning event production assets. Instead, the company engages vendors and service partners depending on the requirements, scale and location of each assignment.

Risks and concerns

Significant revenue concentration among key customers: A significant portion of the company’s revenue is derived from a limited number of customers, many of whom engage it on a repeat basis for event management services, MICE programs, conferences, exhibitions and corporate activations. As of March 31, 2026, its top 1 customer contributed approximately 42.72%, top 3 customer contributed approximately 54.40%, top 5 customers together contributed around 64.57%, and top 10 customers accounted for about 84.59% of its total revenue from operations in FY26. Any reduction, delay, or discontinuation of business from such customers could materially affect its revenues and profitability.

Significant revenue concentration in MICE Segment: The company offers a range of services including Meetings, Incentives, Conferences and Exhibitions (MICE), corporate events, and Free Independent Traveller (FIT) services. However, a substantial portion of its revenue in recent periods has been derived from the MICE segment. For the financial years ended March 31, 2026, 2025 and 2024, revenue from MICE services contributed approximately 91.29%, 91.77% and 87.39% of its total revenue, respectively. Any adverse changes in demand for such services may impact its business, results of operations and financial condition.

High working capital requirements: The company has significant working capital requirements for its smooth day to day operations of business. Any delay in realisation of receivables, failure of clients to make timely payments, or inability to recover advances from vendors may result in liquidity constraints. Additionally, if it is unable to arrange additional working capital through internal accruals, bank facilities or other sources of funding on commercially acceptable terms, it may affect its ability to meet operational expenses, honour its obligations and pursue growth opportunities. Further, any significant increase in working capital requirements, deterioration in receivables cycle, or constraints in availability of funds may adversely affect its business operations, cash flows, financial condition and results of operations.

Outlook

Eventions is engaged in the Meetings, Incentives, Conferences and Exhibitions (MICE) and event management segment. The company provides services for planning, coordination and execution of corporate events, conferences and related activities, primarily for corporate and institutional clients. The company has asset-light business model. It has end-to-end event management capabilities. On the concern side, the company derives a significant portion of its revenues from a limited number of customers, a substantial proportion of which comprises repeat engagements, and any reduction, delay, or discontinuation of business from such customers could materially affect its revenues and profitability. Moreover, the company’s revenue is significantly derived from its MICE services, and any adverse changes in demand for such services may impact its business, results of operations and financial condition.

The company is coming out with a maiden IPO of 32,30,400 equity shares of Rs 10 each. The issue has been offered in a price band of Rs 112-118 per equity share. The aggregate size of the offer is around Rs 36.18 crore to Rs 38.12 crore based on lower and upper price band respectively. On performance front, net revenue from operations of the company for the financial year 2025-26 amounted to Rs 9,973.96 lakh, compared to Rs 8,752.97 lakh in the financial year 2024-25, representing an increase of 13.95%. Moreover, profit after tax for the financial year 2025-26 was Rs 772.01 lakh, compared to Rs 512.59 lakh in the financial year 2024-25, reflecting an increase of 45.29%.

Meanwhile, the company intends to continue strengthening its MICE (Meetings, Incentives, Conferences and Exhibitions) segment by increasing the number of destination-based corporate programs undertaken for existing and new corporate clients. Corporate organisations typically conduct periodic meetings, annual conferences, dealer or distributor meets, employee incentive travel programs and internal training events, which require coordinated arrangements relating to venues, travel, accommodation and on-site event management. These recurring business requirements provide opportunities for event management and destination travel coordination. Further, the company intends to expand the scale of such programs across domestic destinations as well as international locations. The company’s experience in coordinating destination-based events, vendor network comprising hospitality providers and logistics partners, and operational capabilities in managing travel and event logistics may support the expansion of such assignments.