Diluted Stake To Raise Money: EaseMyTrip's Nishant Pitti, To Remain Chairman

Easy Trip Planners shares zoom 15% after Nishant Piiti confirms ‘no promoter selling’ - GAGA INDIA

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EaseMyTrip Surges 15% After Chairman Says No More Stake Sale By Promoter

Shares of EaseMyTrip surged as much as 15% to INR 17.84 during the intraday trading on Monday (January 6), despite a slump in the broader market, after the company’s promoter, former CEO, and cofounder Nishant Pitti said there would be no more stake sale by any of the promoters.  However, the stock gave up some of the gains to end today’s trading session 4.57% higher at INR 16.23 apiece. In a post on X, Pitti, who is now the chairman, said, “Con…

Nishant Pitti steps in as EaseMyTrip Chairman

Nishant Pitti announces his transition to the role of Chairman at EaseMyTrip, focusing on the company’s future and driving international expansion, while Rikant Pitti steps in as CEO to oversee day-to-day operations and drive the company’s vision forward. Sharing the news on X, Nishant Pitti emphasized the brand’s core principles of operational profitability, transparent pricing, […] The post Nishant Pitti steps in as EaseMyTrip Chairman appeare…

Easy Trip Planners shares climb 15% after Chairman Nishant Pitti says ‘no more stake sale’

Source: Live Mint Shares of Easy Trip Planners Ltd., the parent company of the online travel aggregator EasyMyTrip, witnessed a significant 15 percent surge on Monday, January 6, following an announcement by its Chairman, Nishant Pitti, that no further stake sales by any promoters would occur in the future. Pitti took to X (formerly Twitter) to assure investors about the company’s direction. He emphasized his commitment as Chairman to shape…

Diluted Stake To Raise Money: EaseMyTrip's Nishant Pitti, To Remain Chairman

EaseMyTrip parent Easy Trip Planners Ltd.'s stock surged over 17% on Monday after the company's former Chief Executive Officer and Co-founder Nishant Pitti announced that he will retain the position of chairman in the company, with his role particularly focusing on international expansion. His brother, Rikant Pitti, who previously served as the company's chief financial officer, has been appointed as the new CEO. Nishant had announced his decisi…