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.

Easy Trip Planners Limited has scheduled its 18th Annual General Meeting for Tuesday, September 29, 2026 at 4:00 pm IST. The meeting will be held through video conferencing or other audio-visual means to transact business including the adoption of FY26 financial results.

The notice was filed with BSE Limited and the National Stock Exchange of India Limited on September 8, 2026, in compliance with Regulation 30 and Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Newspaper advertisements were published on September 7, 2026, in Financial Express and Jansatta.

AGM Details and Annual Report

The company has enclosed the Notice convening the 18th AGM along with its Integrated Annual Report for FY26, which includes the Business Responsibility and Sustainability Report. The electronic dispatch of the Notice and Annual Report to members was completed on September 6, 2026.

The Integrated Annual Report for FY26 is available on the company's website and on the National Securities Depository Limited's e-voting portal. The cut-off date for determining eligibility to vote is Saturday, September 19, 2026.

FY26 Financial Performance

The Annual Report highlights key financial and operational metrics for FY26. The following table summarises the company's consolidated performance highlights:

Consolidated revenue from operations stood at ₹ 5,356.96 Mn in FY26, compared to ₹ 5,873.24 Mn in FY25. The company reported a consolidated net loss after tax of ₹ 475.98 Mn for FY26, against a net profit of ₹ 1,086.56 Mn in the previous year. Exceptional items of ₹ 509.57 Mn were recorded during the year.

Key Business Highlights

The Hotels and Holidays segment recorded 17.66 lakhs hotel room-night bookings in FY26, compared to 9.35 lakhs in FY25, representing 88.9% YoY growth. Dubai operations recorded Gross Booking Revenue of ₹ 1,531 Cr during FY26, a 118.24% YoY increase.

The revenue share mix by GBR for FY26 was as follows:

AGM Business Items

The AGM agenda includes the following items:

• Adoption of audited standalone and consolidated financial statements for FY26
• Re-appointment of Mr. Nishant Pitti (DIN: 02172265), who retires by rotation
• Special resolution to increase the threshold for loans, guarantees, securities and investments under Section 186 of the Companies Act, 2013, up to ₹ 1,000 Crores

Remote e-voting will be open from September 26, 2026 at 9:00 am to September 28, 2026 at 5:00 pm. National Securities Depository Limited has been appointed as the e-voting and VC facility provider. M/s Manisha Gupta and Associates, Practicing Company Secretary, has been appointed as scrutiniser for the e-voting process.