Easy Trip Planners proposes share issuance for strategic acquisitions

Easy Trip Planners Limited announced a postal ballot notice dated November 4, 2025, seeking shareholder approval for a preferential issuance of 55,93,75,249 fully paid-up equity shares. The shares, with a face value of INR 1 each, will be issued at a price of INR 9.19 per share, including a premium of INR 8.19. The total aggregate purchase consideration for these shares, on a non-cash basis, is approximately INR 514,06,70,000.

The issuance is intended to finance the acquisition of stakes in several companies, including 100% of AB Finance Private Limited, 50% of Three Falcons Notting Hill Limited, 49% of Javaphile Hospitality Private Limited, 49% of Levo Beauty Private Limited, and 49% of SSL Nirvana Grand Golf Developers Private Limited. The "relevant date" for pricing, as per SEBI (ICDR) Regulations, is Tuesday, November 4, 2025.

The remote e-voting period for this resolution will commence on Wednesday, November 5, 2025, at 09:00 A.M. IST and conclude on Thursday, December 4, 2025, at 05:00 P.M. IST. No change in management or control of the company is expected as a result of this preferential offer, and the proposed allottees are non-promoters.