Easy Trip Planners Limited has informed the Exchange regarding Board meeting held on July 09, 2025.
EASEMYTRIP · price
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Easy Trip Planners (EasyMyTrip) announced that its board, at a meeting held on July 9, 2025, approved a draft termination agreement to end its transaction with Rollins International Private Limited. The original agreements — a Share Subscription Agreement and a Shareholders' Agreement — were signed on October 11, 2024, and involved Rollins along with the Jain family and RHA Holding PTE. Rollins informed the company on June 25, 2025 that it was withdrawing from the deal after reassessing its long-term strategic direction. The company has stated there is no material impact from the termination.
The failed transaction removes a potential strategic partnership/investment that the market may have been tracking, but management explicitly says there is no material impact on the company. Shareholders are unlikely to see a significant negative effect on the stock, though it removes a potential growth catalyst.