Image Source : Machconferences
Mach Conferences and Events Ltd (BSE:544248) secured a ₹92 crore contract from Punjab Government for managing a 2N/3D pilgrimage program for ~1,85,000 Yatris from Mohali areas to Amritsar's Golden Temple. Spanning six months, it covers logistics, stay, transport, and F&B, boosting FY26 revenues.
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In a major breakthrough, MICE pioneer Mach Conferences and Events Ltd clinched a prestigious ₹92 crore government order from Punjab for the Chief Minister's Tirth Yatra initiative. Just four months into the public sector, this marks their third such contract, validating robust execution capabilities.
The six-month project ensures seamless pilgrimages for 1.85 lakh devotees, blending logistics prowess with compliance excellence. Chairman Amit Bhatia hailed it as proof of scalability, eyeing steady revenue from government ties amid operating leverage gains.
Key Highlights
Order Value & Scope: ₹92 crore for end-to-end 2N/3D yatra management including logistics, accommodation, transport, and F&B for ~1,85,000 Yatris.
Execution Timeline: Six months from Dec 31, 2025; revenue split across FY26 and FY27.
Strategic Milestone: Third government contract in four months, entering stable public segment with high impact programs.
No Related Party Ties: Pure domestic order; no promoter/group interests involved.
Company Strength: 20+ years in MICE, certifications like IATA/ADTOI; 300+ events globally.
Sources: BSE Filings (Mach Conferences Press Release
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