Easy Trip Planners Limited has informed the Exchange regarding a press release dated August 29, 2025, titled "EaseMyTrip Strengthens Leadership with Founder Nishant Pitti Assuming Chairman cum Managing Director (CMD)".
EASEMYTRIP · price
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On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.0 pts less than its Tour Travel Related Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Easy Trip Planners (EaseMyTrip) has announced that its founder, Nishant Pitti, has been elevated to the role of Chairman cum Managing Director (CMD), subject to shareholder approval. The move consolidates top leadership under the founder as the company looks to expand beyond travel into a broader ecosystem of services. Co-founder Prashant Pitti has concluded his executive tenure to focus on mentoring startups and other ventures, though he will continue as a promoter of the company. The promoters have reiterated that no further promoter shares will be sold and that all promoters will continue to draw zero salary, signalling strong alignment with shareholders. The company highlighted that EaseMyTrip has been bootstrapped and consistently profitable since inception, with industry-leading EBITDA margins.
Positive for shareholders — founder-led leadership is back at the helm, and the promoters' zero-salary and no-share-sale commitment reinforces confidence in the company's long-term prospects. Shareholders should watch for the shareholder approval process for Nishant Pitti's CMD appointment.