Easy Trip Planners Limited has informed the Exchange regarding Outcome of Board Meeting held on May 11, 2026.
EASEMYTRIP · price
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Easy Trip Planners Limited's Board of Directors met on May 11, 2026 to consider a proposal for raising funds through various modes including rights issue, qualified institutions placement (QIP), preferential issue, or other permissible methods. The meeting, which began at 6:00 PM after extended Audit Committee deliberations and concluded at 6:45 PM, was adjourned without any decision being taken. The Board has scheduled another meeting for May 13, 2026 to further deliberate on the fund-raising proposal. The specific amount, pricing, and purpose of the proposed fund raise have not been disclosed in this filing.
The announcement signals the company is exploring capital-raising options but provides no concrete details yet. The adjournment suggests the board needs more time to finalize terms or seek necessary approvals. Investors should await the outcome of the May 13, 2026 meeting for clarity on the size and structure of the potential fundraise.