Stake sale · Mobility & Logistics

Promoter entity sells shares worth ₹44.8 crore

By Startup Enthusiast · 17 February 2026

What they do

Yatra is an online travel agency for flights, hotels and holiday packages

Promoter THCL Travel Holding Cyprus Ltd sold 28.33 lakh shares, reducing its stake from 9.01 crore shares to 8.72 crore shares

The sale came days after Yatra reported a drop in quarterly profit and revenue

Promoter entity THCL Travel Holding Cyprus Ltd sold 28.33 lakh shares in a bulk deal.
The shares were sold at ₹158.05 per share, generating total proceeds of ₹44.8 crore.
THCL held 57.4% stake (9.01 crore shares) at the end of the December quarter.
After the deal, THCL holds 8.72 crore shares in Yatra.
THCL is a wholly-owned subsidiary of Yatra, used as a holding vehicle.
Founders Dhruv Shringi and Manish Amin hold a minority stake in THCL in a nominee capacity.
The bulk deal occurred less than a week after Yatra disclosed its Q3 FY26 results.

The stake sale signals that the promoter is reducing its holding in the company.
Yatra's Q3 net profit fell 17% year-on-year and 42% quarter-on-quarter.
Operating revenue declined 27% from the previous quarter, though it rose 9% year-on-year.
JM Financial downgraded Yatra to 'Add' from 'Buy' and cut the price target to ₹180 from ₹230.
EBITDA missed estimates by about 15%.

Yatra is an online travel agency that offers flight and hotel bookings, holiday packages, and corporate travel services.
It operates primarily in India and serves both leisure and business travellers.
The company generates revenue through commissions and service fees on bookings.
In Q3 FY26, bookings rose over 21% year-on-year across air and hotels.
Customer incentives increased to 3% of gross bookings.