Easy Trip Planners Ltd marked the debut of its electric mobility arm, Easy Green Mobility (EMTev), in Bhopal on September 25, 2026. The launch signifies a strategic expansion into sustainable transportation and domestic electric vehicle manufacturing as part of the company's Vision 2030 roadmap.

The rollout involves the deployment of 12-meter electric seater coaches with a seating capacity of 45+D. These vehicles feature an LFP battery offering 423.9 kWh of total energy, a PMSM motor, and air suspension. The buses provide a stated range of up to 350 km and a top speed of up to 100 km/h. Both 12-meter and 13.5-meter models have received type approval.

Manufacturing targets and localisation

The company aims to build capabilities to manufacture 5,000 electric buses annually within the next five years. This target reflects a long-term focus on scaling domestic manufacturing and reducing reliance on imported components through progressive localisation. The initiative is expected to create employment across manufacturing, fleet operations, and service support.

EMTev's strategy encompasses an integrated mobility ecosystem covering vehicle manufacturing, fleet operations, and service support. The program builds on the operating experience of YOLO Bus, which already operates conventional intercity buses across multiple southern Indian markets.

Technology and safety features

The electric buses are equipped with advanced safety systems, including EBS with ESC braking and EHPS steering. Safety and fleet intelligence are central to the operating approach, with camera-based monitoring systems and continuous data monitoring via a centralized control tower. This enables proactive identification of potential issues before deployment.

Manoj Soni, CEO of EMTev, stated that the focus is on building intra and intercity electric buses that combine long-range battery technology, fast charging, and advanced safety systems while delivering significantly lower operating costs. Rikant Pittie, CEO & Co-Founder of EaseMyTrip, emphasized that building reliable, sustainable mobility infrastructure is essential for supporting economic and tourism growth.

Strategic diversification

Through EMTev, the company is extending its role across the broader tourism infrastructure and transportation ecosystem. The move combines its existing understanding of travel and mobility with opportunities in electric commercial transportation and sustainable infrastructure development. The deployment supports efforts to reduce dependence on fossil fuels by providing zero tailpipe emissions during operation.

Easy Trip Planners promoter Nishant Pitti has pledged 34,51,39,404 equity shares with Motilal Oswal Financial Services Limited. The encumbrance was created on August 24, 2026, and reported to exchanges on August 29, 2026.

The pledge is for the promoter's personal use. This action increases the total number of encumbered shares held by Pitti to 44,87,21,910. This represents 11.26% of the company's total share capital.

Disclosure Details

The filing is made under Regulation 31(1) and (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure covers the creation of a pledge on equity shares held by the promoter.

Shareholding Structure

Nishant Pitti holds 45,37,21,910 shares, constituting 11.39% of the total share capital. Following this pledge, his total encumbered holding stands at 44,87,21,910 shares. This accounts for 25.83% of his total promoter shareholding.

Other promoters in the group include Rikant Pittie and Prashant Pitti. Rikant Pittie holds 91,72,80,352 shares (23.02%), while Prashant Pitti holds 36,46,54,240 shares (9.15%). Neither of these promoters has any encumbered shares as of the reporting date.

What the Numbers Show

The value of the shares on the date of the event was ₹2,11,91,55,940. The amount involved against which the shares were encumbered is also ₹2,11,91,55,940. This results in a security cover ratio of 1:1, indicating that the full market value of the pledged shares matches the borrowed amount exactly.