Shares of Easy Trip Planners hit an intraday high of Rs 17.33 per share, rising 3.4 per cent on the BSE in Monday's intraday trade
Shares of travel tech platform Easy Trip Planners skyrocketed up to 14.95 per cent at Rs 18.76 a piece on the BSE in Friday's intraday trade
The Delhi-headquartered company's gross booking revenue (GBR) from hotels and packages reached Rs 2,414 million, marking a 178.4 per cent Y-o-Y growth
Travel tech platform Easy Trip Planners Ltd on Monday said its board has approved issuance of bonus shares. The board of directors at its meeting held on Monday approved the issuance of bonus shares in the ratio of one bonus equity share for every one fully paid-up equity share, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. The bonus shares will be issued from the company's available reserves as of March 31, 2024, it added. "This move highlights EaseMyTrip's commitment to rewarding shareholders, following two successful bonus issuances in 2022," the company said. EaseMyTrip CEO and Co-Founder Nishant Pitti said, "This bonus issuance reflects our gratitude to shareholders and underscores our confidence in the company's strong financial health. As we expand, it's important to continue sharing our success with those who have supported us throughout." The total number of shares to be issued are 177.2 crore at a face value of Re 1 each. The
The rebound followed a major drop of up to 8 per cent the previous day amid multiple block deals. The drop, meanwhile, led to a fresh 52-week low for the stock.
Nishant Pitti, one of the promoter of Easy Trip Planners, on Wednesday divested a 14 per cent stake in the company for Rs 920 crore through open market transactions. According to the bulk deal data available on the NSE, Nishant Pitti sold 24,65,49,833 shares, amounting to a 14 per cent stake in Easy Trip Planners. The shares were offloaded in the price range of Rs 37.22-38.28 apiece, taking the combined transaction value to Rs 920.06 crore. After the stake sale, Nishant Pitti's holding in Easy Trip Planners has come down to 14.22 per cent from 28.13 per cent. Also, the combined shareholding of the promoters' has declined to 50.39 per cent from 64.30 per cent. Meanwhile, Core4 Marcom picked up 5 crore shares of Easy Trip Planners and Craft Emerging Market Fund PCC -- Elite Capital Fund acquired 1.05 crore shares of the company, the data showed on the National Stock Exchange (NSE). The shares were purchased in the price range of Rs 34.25-37.95 apiece, taking the aggregate deal value
The company's Co-founder and CEO Nishant Pitti was the likely seller in the multiple block deals transacted on the counter
EaseMyTrip has acquired a 30% stake in Rollins International for Rs 60 crore and a 49% stake in Pflege Home Healthcare for Rs 30 crore
This move aligns with our growth plans to expand the non-air business and will help us establish a strong foothold in the growing EV and eMobility sector, said Rikant Pittie, EaseMyTrip's co-founder
Online travel tech platform EaseMyTrip on Monday said it has signed an agreement with Uttar Pradesh EcoTourism Development Board (UPETDB) to boost state tourism. The objective of the Memorandum of Understanding (MoU) is to foster a strategic partnership aimed at elevating the promotion and development of tourism in Uttar Pradesh, EaseMyTrip.com said in a statement. This partnership will leverage EaseMyTrip's extensive reach and technological expertise to highlight Uttar Pradesh's rich eco-tourism offerings, it added. Under the collaboration, EaseMyTrip will also promote all registered homestays in Uttar Pradesh on its online portal. "We are excited to start this new project with UPETDB. Uttar Pradesh, with its rich history, popularity, and stunning natural beauty, hosts a plethora of underrated and unexplored destinations waiting to be discovered by more people. "We are confident that our collaboration with the UPETDB will not only benefit both parties but also contribute ...