Exhicon Events Media Solutions Limited (BSE:543895) signed the memorandum of understanding to acquire Dare Spark Communications and Associated for INR 40 million on August 15, 2023. The consideration is paid in cash and share swap. The turnover of Dare Spark for FY 2022-23 is INR 46.69 million. The transaction is expected to complete in one month from the date of signing of Memorandum of Understanding.

Exhicon Events Media Solutions Limited (BSE:543895) completed the acquisition of Dare Spark Communications and Associated on September 24, 2023. The founder of the firm to lead the business as it's CEO.