Easy Trip Planners Limited has informed the Exchange regarding a press release dated April 17, 2025, titled "EaseMyTrip Official Statement".
EASEMYTRIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Easy Trip Planners (EaseMyTrip) informed exchanges about a media release dated April 17, 2025. The Enforcement Directorate (ED) conducted searches at over 50 locations of various persons and corporates, with EaseMyTrip's premises being one of them. The company clarified it has no direct or indirect association with the Mahadev Betting App or any other betting platform. EaseMyTrip stated it will fully cooperate with the authorities throughout the investigation.
This is negative news for the stock as ED searches typically dent investor confidence, though the company's denial of any betting app linkage and commitment to cooperate may help limit the damage. Expect short-term price volatility and negative sentiment until clarity emerges from the investigation.