Le Travenues Technology allots shares, establishes Singapore subsidiary

Le Travenues Technology Limited's board of directors, at a meeting on November 12, 2025, approved the allotment of 46,270,092 equity shares at an issue price of ₹280 per share, including a premium of ₹279. This preferential issue, totaling ₹12,955,625,760, represents 10.10% of the post-issue paid-up equity share capital on a fully-diluted basis and was made to MIH Investments One B.V. Consequent to this allotment, the company's paid-up share capital increased from ₹390,403,607 to ₹436,673,699.

Additionally, the company allotted 905,489 fully paid-up equity shares with a face value of ₹1 each, stemming from the exercise of stock options under various Employee Stock Option Schemes. This resulted in the paid-up share capital increasing further to ₹437,579,188.

The board also approved the establishment of a wholly-owned subsidiary in Singapore, to be named 'IXIGO PTE. LTD.' or an alternative approved name. This new entity will lead investment and strategic management initiatives, focusing on international expansion and strengthening business synergies. The initial investment for setting up the subsidiary will be SGD 50,000.