Promoter Nishant Pitti pledges shares worth Rs 212 crore for personal use
EASEMYTRIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 1.2 pts more than its Tour Travel Related Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter Nishant Pitti has created a pledge on 3.45 crore equity shares (8.66% of total share capital) of Easy Trip Planners in favour of Motilal Oswal Financial Services, dated August 24, 2026. Shares were valued at around Rs 212 crore on the event date, with the amount raised for personal use by the promoter. Post-event, encumbered shares total 4.49 crore (11.26% of capital), equal to 25.83% of his total promoter holding of 11.39%. The filing confirms the pledge is below 50% of his promoter holding and below 20% of total share capital.
New pledge signals liquidity need at promoter level but remains well below regulatory thresholds, limiting forced sale risk for now.