Exhicon’s Aviation Arm UHPL Adds Third Helicopter, Scaling Into a Full-Service Aviation Platform

Mumbai, October 14, 2026: Exhicon Events Media Solutions Limited (BSE Scrip Code: 543895) today announced that its subsidiary, United Helicharters Private Limited (UHPL), has entered into an Aircraft Sale and Purchase Agreement with Dhillon Aviation Private Limited to acquire a Bell 206 L4 helicopter (Manufacturer’s Serial No. 52315, Registration Mark VT-ZIN).

The acquisition is the latest step in a year of rapid progress for UHPL, which is building an integrated aviation business spanning scheduled shuttle operations, charter services, and maintenance and parts.

UHPL’s growth milestones this year

• Regulatory foundation: UHPL has availed its Air Operator Permit (AOP), enabling it to expand its operations.

• Government contract: UHPL was awarded the helicopter shuttle service contract by the Uttarakhand Civil Aviation Development Authority for the Mandakini Valley to Shri Kedarnath Ji route, one of the most active pilgrimage aviation corridors in India.

An Airbus H125 and an Airbus H130 are deployed on the route.

• Adjacent revenue streams: UHPL has expanded its Maintenance, Repair and Overhaul (MRO) and aircraft parts business, adding capabilities beyond flying operations.
• Fleet growth: The Bell 206 L4 is UHPL’s third helicopter acquisition this year, adding capacity for its charter operations.

Why the Bell 206 L4

• Proven platform: A single-engine utility helicopter from Bell Helicopter Textron Inc., Canada, and among the most widely operated helicopter types in the world.
• Versatile capacity: Seats a pilot and up to six passengers, with a spacious cabin and large windows.
• Multiple use cases: Suited to aerial surveillance, patrol and survey work, as well as executive transfers, corporate charters, sightseeing and tourism flights.

Completion of the transaction is subject to the terms of the agreement and applicable regulatory formalities under DGCA requirements.