Mach Travel Solutions Gets MP Tourism Empanelment; Shares Decline 1.8%

Mumbai, October 15: Mach Travel Solutions Limited has been empanelled by Madhya Pradesh Tourism Development Corporation for the state’s Mukhyamantri Tirth Yatra Scheme, a pilgrimage programme planned for approximately 10,000 pilgrims. The empanelment expands the company’s participation in government-sponsored travel services.

Under the programme, empanelled service providers will manage pilgrimage arrangements, including transportation, accommodation, meals, local connectivity, manpower and tour coordination.

The company said the empanelment builds on its experience with the Punjab government’s Mukhyamantri Tirth Yatra Scheme. It sees government-led travel programmes as an area for expanding its presence across states.

Stock Market Snapshot

The Mach Travel Solutions share price fell ₹4.40, or 1.84%, to ₹235.00 as of 10:01 AM IST on October 15, 2026, compared with the previous close of ₹239.40.

The decline was recorded on the day the company announced its empanelment by Madhya Pradesh Tourism Development Corporation. The available information does not establish that the announcement alone caused the stock’s movement.

Company Background

Mach Travel Solutions, formerly known as Mach Conferences and Events Limited, provides technology-enabled travel services across corporate travel, meetings and events, business-to-business travel, leisure, inbound travel and government projects.

The company operates across several Indian cities and is developing its online travel agency platform, Machtravel.com, as part of its broader travel services business.

Conclusion

The empanelment gives Mach Travel Solutions an opportunity to participate in Madhya Pradesh’s pilgrimage travel programme for around 10,000 people. The company has not disclosed a contract value or specific revenue commitment in the announcement. Shares stood at ₹235.00 as of 10:01 AM IST on October 15, 2026.

Source:

• https://www.bseindia.com/stock-share-price/mach-travel-solutions-ltd/machltd/544248
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/d5cd2b53-374d-4089-bc70-a7462cab4e6b.pdf