MSTC Limited has submitted its mandatory regulatory disclosure to stock exchanges, confirming compliance with SEBI takeover regulations for the financial year ended March 31, 2026. The disclosure addresses promoter equity holdings and encumbrance status as required under securities regulations.

Regulatory Disclosure Details

The company filed its disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates specific disclosures regarding substantial acquisitions and promoter holdings in listed companies.

Promoter Holdings Status

The disclosure confirms that the Hon'ble President of India, acting through and represented by the Ministry of Steel, Government of India, has maintained its promoter status without any encumbrance activities during FY26. The filing specifically states that the promoter, along with any person acting in concert, has not made any encumbrance on its equity holding in MSTC Limited, either directly or indirectly, during the financial year.

Exchange Communications

MSTC Limited submitted the disclosure to both major Indian stock exchanges where its shares are listed. The company communicated with the National Stock Exchange of India Limited at Exchange Plaza, Bandra Kurla Complex, and BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street.

Corporate Governance Compliance

The filing represents part of MSTC Limited's ongoing compliance with corporate governance requirements and securities regulations. As a government enterprise under the Ministry of Steel, the company maintains regular disclosure practices to ensure transparency with stakeholders and regulatory authorities.

The disclosure was signed by Ashwini Kumar, Economic Adviser at the Ministry of Steel, on behalf of the promoter, demonstrating the government's continued oversight and compliance with securities market regulations.

MSTC Limited , a Government of India enterprise under the Ministry of Steel, has announced an exclusive partnership with EaseMyTrip to revolutionize travel services for the government sector. The strategic collaboration was disclosed through a regulatory filing dated 26th March, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015.

Partnership Framework and Services

The comprehensive agreement enables EaseMyTrip to integrate its APIs with MSTC's existing systems, providing access to an extensive range of travel services. The partnership encompasses multiple service categories designed to meet diverse government sector travel requirements.

Strategic Objectives and Implementation

Under this exclusive arrangement, MSTC will facilitate corporate travel for government sector organizations by leveraging EaseMyTrip's extensive travel inventory and advanced technology infrastructure. The partnership enables both companies to achieve complementary strategic objectives while enhancing service delivery capabilities.

EaseMyTrip will provide comprehensive technical support to ensure smooth integration, efficient booking capabilities, and a user-friendly experience for MSTC's users. The collaboration aims to streamline procurement and booking processes across MSTC's network while expanding EaseMyTrip's presence within the institutional and government travel segment.

Leadership Perspective

Commenting on the partnership, Rikant Pittie, CEO & Co-Founder of EaseMyTrip, emphasized the strategic significance of the collaboration. "This exclusive partnership with MSTC Ltd. marks a strategic expansion of EaseMyTrip into the Govt sector travel segment. By combining MSTC's institutional reach with our technology and supply ecosystem, we aim to deliver seamless and reliable travel solutions for Govt sector organisations across the country," he stated.

Market Position and Technology Integration

The initiative aligns with the growing demand for digitized and centralized solutions across government sector organizations. EaseMyTrip, listed on NSE and BSE, operates as one of India's largest online travel-tech platforms in terms of air ticket bookings, according to the Crisil Report-Assessment of the OTA Industry in India from February 2021.

The platform provides access to over 400 international and domestic airlines and 2.9 million+ hotels worldwide, along with comprehensive train, bus, and cab booking services. Founded in 2008, EaseMyTrip maintains its headquarters in Delhi with offices across multiple cities and an expanding international presence through subsidiaries in various countries.

This partnership strengthens EaseMyTrip's position as a preferred technology partner for large-scale, high-value segments while enabling MSTC to enhance its service offerings to government sector clients through advanced digital solutions.

Source: None/Company/INE255X01014/a8e032eb-039d-4e4e-9af1-ec9f4730c5d7.pdf