Easy Trip Planners Limited has informed the Exchange about Acquisition by way of incorporation of wholly owned subsidiary company.
EASEMYTRIP · price
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Easy Trip Planners Limited (EaseMyTrip) has incorporated a wholly owned subsidiary called Easemytrip Academy Private Limited on February 17, 2026, based in Gurugram, Haryana. The new subsidiary operates in the educational industry and will focus on upskilling, professional, and vocational training. ETPL has subscribed to 100% of the share capital at a cost of Rs. 1 crore in cash (10 lakh equity shares of Rs. 10 each). Promoters Nishant Pitti and Rikant Pittie will serve as directors in the new entity. No government or regulatory approvals were needed, and the company expects this to add a new revenue vertical beyond its core travel business.
This is a relatively small investment of Rs. 1 crore into a new business vertical (education/training) that diversifies beyond travel. While not material in financial terms, it signals EaseMyTrip's intent to explore adjacent revenue streams, though near-term impact on stock price or shareholder value is likely minimal.