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Nasdaq-listed online travel agency Yatra Online Inc said it is considering an additional listing of its Indian subsidiary on the stock exchanges in India, while retaining its existing listing on the Nasdaq.
Based on its preliminary discussions and analysis, Yatra said it believes among the potential benefits of this listing include access to an additional pool of capital, including retail and institutional investors in India already familiar with Yatra’s business and brand but who are currently restricted from participating in the US markets.
It could further unlock additional value for US shareholders, provide a liquid stock that can be used
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