Mach Conferences & Events Limited Empanelled with the Adani Cement

Mach Conferences & Events Ltd. (BSE: MCEL, SCRIP CODE: 544248), a leading player in India's MICE industry and listed on BSE Limited, is proud to announce its empanelment with the Adani Cement. This milestone enhances MCEL's position as a trusted provider of exceptional event management services across various industries.

As a result of this empanelment, MCEL has secured a significant order from ACC Cement and Ambuja Cement, key entities under the Adani Cement portfolio. The project involves managing logistics, transfers, accommodations, and sightseeing for 444 participants in Delhi and Agra, and 841 participants in Gujarat. This order will be completed in the current Financial Year.

Mr. Amit Bhatia, Chairman & Managing Director of MCEL, commented: "Our empanelment with the Adani Cement is a key moment for MCEL. It opens up new avenues for growth, and we aim to increase our revenue share from the group to approximately 10% of our total revenue in the coming year."

This partnership marks a pivotal step in MCEL's strategy to align with India's leading businesses and strengthen its leadership in large-scale event management.

Shares of Mach Conferences And Events Limited was last trading in BSE at Rs. 244.45 as compared to the previous close of Rs. 249.90. The total number of shares traded during the day was 26400 in over 44 trades.

The stock hit an intraday high of Rs. 254.00 and intraday low of 243.00. The net turnover during the day was Rs. 6588750.00.

Source : Equity Bulls

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MachConferencesAndEvents MCEL INE0UYT01018 Empanelment AdaniCement