EaseMyTrip Cofounder Nishant Pitti Pledges Shares Worth ₹212 Cr To Motilal Oswal

by · Inc42

SUMMARY

  • EaseMyTrip cofounder Nishant Pitti has pledged 34.51 Cr shares worth ₹211.9 Cr to Motilal Oswal Financial Services for personal use.
  • Nearly 99% of Pitti’s individual holding in EaseMyTrip remains pledged, although the latest transaction has not increased his overall encumbered holding.
  • Pitti now has 44.87 Cr pledged shares, representing 11.26% of EaseMyTrip’s share capital and 25.83% of the combined promoter-group holding.