/tech

EaseMyTrip cofounder Nishant Pitti pledges ₹212 crore in shares, Inc42 reports · Digg

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.

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.

Combined views

644

1 post, first seen 4h ago

6 likes1 saves

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.

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.

Posts from X

1 post

IN
Inc42@Inc42 4 hrs ago
📉 @EaseMyTrip cofounder @nishantpitti pledges shares worth ₹212 Cr to Motilal Oswal. 👇 Pitti has pledged 34.51 Cr shares, equivalent to 8.66% of EaseMyTrip’s total share capital, to @MotilalOswalLtd for “personal use”. The pledged shares represent around 76.1% of Pitti’s…
4-2.co
/4gOgZDe
- likes: 6
- replies: 0
- bookmarks: 1
- reposts: 0

Combined views

644

1 post, first seen 4h ago

6 likes1 saves

Posts from X

1 post

IN
Inc42@Inc42 4 hrs ago
📉 @EaseMyTrip cofounder @nishantpitti pledges shares worth ₹212 Cr to Motilal Oswal. 👇 Pitti has pledged 34.51 Cr shares, equivalent to 8.66% of EaseMyTrip’s total share capital, to @MotilalOswalLtd for “personal use”. The pledged shares represent around 76.1% of Pitti’s…
4-2.co
/4gOgZDe
- likes: 6
- replies: 0
- bookmarks: 1
- reposts: 0

Source Posts

@Inc42📉 @EaseMyTrip cofounder @nishantpitti pledges shares worth ₹212 Cr to Motilal Oswal. 👇 Pitti has pledged 34.51 Cr shares, equivalent to 8.66% of EaseMyTrip’s total share capital, to @MotilalOswalLtd for “personal use”. The pledged shares represent around 76.1% of Pitti’s individual holding. Following the transaction, nearly 98.9% of his total shareholding in the travel aggregator stands encumbered. Pitti’s overall pledged holding, however, remains unchanged at 44.87 Cr shares, suggesting that existing encumbrances may have been restructured. The development comes as EaseMyTrip faces financial pressure. The company slipped into a ₹11.7 Cr loss in Q1 FY27, while its FY26 loss stood at ₹47.5 Cr. 🔗 What does the latest pledge mean for EaseMyTrip and its cofounder? Read the full story here: https://4-2.co/4gOgZDe #EaseMyTrip #NishantPitti #MotilalOswal #Traveltech #News