Nishant Pitti pledges 3.45 cr more EaseMyTrip shares, about 99 percent of holding now encumbered
EASEMYTRIP · price
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Promoter Nishant Pitti created a fresh pledge of 3.45 crore equity shares of Easy Trip Planners with Motilal Oswal Financial Services on 24 August 2026, citing personal use. After this, his total encumbered shares rise to 4.49 crore, equal to nearly 99 percent of his 4.54 crore shareholding and 11.26 percent of the companys total share capital. Pledged shares are valued at about Rs 212 crore. The other two promoters, Rikant Pittie and Prashant Pitti, have no encumbrance.
Almost the entire personal stake of promoter Nishant Pitti is now pledged, raising concerns of financial stress and risk of margin call or forced sale if the stock falls.