Easy Trip Planners Limited has informed the Exchange regarding Cessation of Mr Satya Prakash and Justice Usha Mehra as Non- Executive Independent Director of the company w.e.f. July 01, 2025 due to completion of their second term.
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Easy Trip Planners Limited (EASEMYTRIP) has informed the exchanges that Mr. Satya Prakash (DIN: 08489173) and Justice Usha Mehra (DIN: 03361078) have ceased to be Non-Executive Independent Directors of the company with effect from July 02, 2025. The cessation is on account of the completion of their second consecutive five-year term, which ran from July 02, 2020 to July 01, 2025. Their original appointment was approved by shareholders at the 12th Annual General Meeting held on December 28, 2020. The Board has recorded its appreciation for their contributions during their tenure. The company has disclosed the details under SEBI Listing Regulations.
This is a routine, planned exit due to the natural end of the directors' tenures and is not linked to any governance concerns or performance issues. Shareholders should expect the company to appoint new independent directors in due course to maintain board composition requirements under SEBI rules; near-term impact on the stock is likely neutral.