Exhicon Event Media Solutions signed a Memorandum of Understanding (MOU) with Ammararsh Infra Developers on 19 February 2024 to appoint the latter as official channel partners for the acquisition of land in Ayodhya.

With this MOU, Exhicon claims to strive towards creating memorable experiences and contributing to the city's cultural and economic landscape.

According to the MOU, Exhicon will acquire 25 acres of land in Ayodhya on the PPP model to develop an exclusive experience centre which will serve as a multipurpose event venue and manage the company's business operations in Ayodhya.

Exhicon further plans to develop a convention hotel and banquets, delegate the management business and set up a media and marketing business in Ayodhya.