Mstc Limited has informed the Exchange about media release regarding EASEMYTRIP ENTERS EXCLUSIVE PARTNERSHIP WITH MSTC LTD. TO POWER TRAVEL SERVICES FOR GOVT. SECTOR"
MSTCLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MSTC Ltd, a Government of India enterprise under the Ministry of Steel, has entered an exclusive partnership with EaseMyTrip (Easy Trip Planners Ltd) to provide technology-enabled travel solutions for government sector organisations. Under the deal, EaseMyTrip will integrate its APIs with MSTC's system, offering access to flights, hotels, holiday packages, bus bookings, activities and cab services. MSTC will use its institutional reach to facilitate corporate travel for government clients, while EaseMyTrip will provide end-to-end technical support for smooth integration. The collaboration allows EaseMyTrip to expand into the institutional and government travel segment, and helps MSTC streamline procurement and booking processes across its network. EaseMyTrip is one of India's leading online travel platforms, listed on both NSE and BSE, with access to over 400 airlines and 2.9 million+ hotels worldwide.
This is a positive but modest development — it diversifies MSTC's service portfolio and gives EaseMyTrip a foothold in government travel, though neither side has disclosed financial terms or revenue potential. For MSTC shareholders, it signals incremental business expansion without significant capital outlay; for EaseMyTrip, it opens a new institutional revenue stream. Watch for further disclosures on deal size or revenue contribution.