Easy Trip Planners promoter pledges shares for personal use

Nishant Pitti, a promoter of Easy Trip Planners Limited, has pledged 189.4 million equity shares, representing 5.20% of the total share capital. The disclosure was made on December 11, 2025, with the encumbrance created on December 8, 2025, in favor of Motilal Oswal Financial Services Limited. The shares held by Nishant Pitti represent 12.48% of Easy Trip Planners' total share capital.

The value of the pledged shares on the agreement date was INR 1.46 billion, with the amount involved being the same. Post-event, the holding of encumbered shares by Nishant Pitti stands at 380 million shares, equating to 10.45% of the total share capital.

The stated reason for the pledge is "Personal use by promoter." The disclosure confirms that the entity in whose favor the shares are encumbered is not a scheduled commercial bank, public financial institution, NBFC, or housing finance company.