The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 15, 2025 for Nishant Pitti
EASEMYTRIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Nishant Pitti of Easy Trip Planners Ltd has pledged 18,94,39,225 equity shares (about 5.20% of total share capital) in favour of Motilal Oswal Financial Services Limited on December 8, 2025. The pledged shares are valued at roughly ₹146.4 crore, with the loan amount equal to the share value (1:1 security cover ratio). The promoter has stated the borrowed money will be used for personal purposes, not for the company. After this pledge, encumbered shares of Nishant Pitti stand at about 19,06,42,535 (5.24% of share capital), equivalent to 43.16% of his personal shareholding. The three named promoters — Nishant Pitti (12.48%), Rikant Pittie (25.22%), and Prashant Pitti (10.03%) — together hold around 47.73% of the company, which is below the 50% threshold.
Pledging shares for personal loans can be a yellow flag for retail investors, as it may signal cash needs outside the business and could reduce promoter skin in the game if the stock falls. Combined with the promoter group already holding under 50%, investors should keep an eye on any further pledges, invocation events, or changes in promoter shareholding.