Stake sale · Mobility & Logistics

EaseMyTrip schedules AGM, promoter pledges shares

By Startup Enthusiast · 11 September 2026

What they do

The company scheduled its 18th AGM for September 29, 2026, and promoter Nishant Pitti pledged 34.51 crore shares worth ₹211.92 crore

The company reported a net loss of ₹475.98 Mn in FY26, down from a profit of ₹1,086.56 Mn in FY25

Hotels segment room-night bookings grew 88.9% YoY to 17.66 lakhs in FY26

Easy Trip Planners scheduled its 18th Annual General Meeting (AGM) for September 29, 2026 via video conferencing.
The AGM notice was filed with stock exchanges BSE and NSE on September 8, 2026.
Newspaper ads for the AGM were published on September 7, 2026 in Financial Express and Jansatta.
The cut-off date for voting eligibility is September 19, 2026.
Remote e-voting will be open from September 26 to 28, 2026.
AGM agenda includes re-appointment of Nishant Pitti and a special resolution to increase the Section 186 threshold up to ₹1,000 Crores.
Nishant Pitti pledged 34.51 crore shares worth ₹211.92 crore with Motilal Oswal Financial Services on August 24, 2026.
The pledged shares represent 8.66% of EaseMyTrip's total share capital, and the reason for pledge is promoter's personal use.

The company reported a net loss of ₹475.98 Mn in FY26, compared to a net profit of ₹1,086.56 Mn in FY25.
FY26 revenue from operations fell to ₹5,356.96 Mn from ₹5,873.24 Mn in FY25.
Exceptional items of ₹509.57 Mn impacted FY26 results.
Despite losses, the hotels segment showed strong growth with 17.66 lakh room-night bookings, up 88.9% YoY.
Dubai operations Gross Booking Revenue grew 118.24% YoY to ₹1,531 Cr in FY26.

EaseMyTrip operates an online travel platform for booking flights, hotels, buses, trains and other travel services.
In FY26, the company's Gross Booking Revenue mix was: Flights 76.2%, Hotels & Holiday Packages 22.2%, Trains, Buses & Others 1.6%.
The company reported EBITDA margin of 4% in FY26.
Market capitalisation as on March 31, 2026 was ₹21,056 Mn.
In Q1 FY27, operating revenue was ₹134.7 crore, up 18.5% YoY, but net loss was ₹11.7 crore vs profit of ₹44 lakh in Q1 FY26.
As of article time, the share price was ₹5.84 and market cap was ₹2,323 crore.

Motilal Oswal Financial Services (lender) — Financial services company that accepted the share pledge from Nishant Pitti.