EaseMyTrip cofounder Nishant Pitti pledges ₹212 crore in shares, Inc42 reports
Inc42 says Pitti pledged 34.51 crore shares to Motilal Oswal for “personal use,” representing 8.66% of EaseMyTrip’s total share capital.
TLDR
Inc42 reports that Nishant Pitti pledged EaseMyTrip shares worth ₹212 crore to Motilal Oswal. The shares represent around 76.1% of his individual holding, with nearly 98.9% of his total shareholding encumbered following the transaction.
However, Inc42 says his overall pledged holding remained unchanged at 44.87 crore shares, suggesting existing encumbrances may have been restructured. The outlet also reports that EaseMyTrip recorded a ₹11.7 crore loss in Q1 FY27, following a ₹47.5 crore loss in FY26.
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