Yatra Online Limited has informed the Exchange about Shareholders meeting
YATRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Yatra Online Limited is seeking shareholder approval through a postal ballot (e-voting only) to shift its registered office from the State of Maharashtra (currently in Lower Parel, Mumbai) to the National Capital Territory of Delhi. This requires a Special Resolution and will also lead to a change in Clause II of the company's Memorandum of Association. The Board approved this move on May 29, 2025, citing better administrative control. The final approval also needs to come from the Central Government (Regional Director). E-voting opens on June 4, 2025, and closes on July 3, 2025, with the cut-off date for eligibility set as May 30, 2025. Results will be announced on or before July 5, 2025.
This is largely an administrative restructuring with no direct impact on the company's financials, operations, or shareholder value. Shareholders only need to vote if they wish to participate; no immediate stock price impact is expected. The move to Delhi could offer operational benefits in terms of proximity to regulators and government bodies.