Allotment of 34,77,98,677 fully paid up equity shares of the face value of INR 1 each to the mentioned allottees on preferential basis.
EASEMYTRIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Easy Trip Planners Ltd has allotted approximately 34.78 crore equity shares of face value INR 1 each to four non-promoter entities on preferential basis. The allottees include Mr. Divyank Singhal (19.04 crore shares), Levo Beauty Private Limited (2.67 crore shares), SSL Nirvana Grand Golf Developers Private Limited (10.94 crore shares), and Javaphile Hospitality Private Limited (2.13 crore shares). Total consideration is INR 319.63 crore via non-cash mode, implying an effective price of approximately INR 9.19 per share. The Board also approved termination of a Share Purchase Agreement with AB Finance Private Limited dated November 4, 2025, which appears to have no impact on the company.
Significant share dilution with ~23% increase in equity base on preferential non-cash basis to non-promoter entities. The termination of the AB Finance SPA removes a previously disclosed transaction from the pipeline. Shareholders may face dilution pressure near term.