Yatra Online Limited has filed its mandatory compliance certificate with the National Stock Exchange of India and BSE Limited under SEBI regulations for the quarter ended March 31, 2026. The submission, made on April 10, 2026, fulfills the company's regulatory obligations under the Securities and Exchange Board of India framework.

Regulatory Compliance Filing

The certificate was submitted pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Jyoti Chawla signed the submission letter, ensuring compliance with the mandatory reporting requirements.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The firm issued the compliance certificate confirming specific operational details for the reporting period.

Pradeep Mokale, Senior Assistant Vice President – Corporate Registry at MUFG Intime India Private Limited, signed the certificate on behalf of the registrar. The document confirms that during the period from January 1, 2026 to March 31, 2026, no requests for dematerialization or rematerialization of the company's securities were received.

Corporate Information

This filing represents part of Yatra Online Limited's ongoing regulatory compliance with stock exchange requirements and SEBI regulations governing depositories and participants in the Indian securities market.

Yatra Online Limited has achieved a significant legal victory with the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Chandigarh, passing a favorable order that sets aside substantial tax demands and penalties. The tribunal's decision provides comprehensive relief to the online travel company and its subsidiary from long-standing tax litigation matters.

Major Financial Relief Granted

The CESTAT order has resulted in substantial financial relief for both Yatra Online Limited and its subsidiary TSI Yatra Pvt. Ltd. The tribunal has set aside significant tax and penalty demands across multiple issues.

Key Issues Resolved in Company's Favor

The tribunal addressed several critical tax matters that had been under dispute:

CRS/GDS Incentives: The CESTAT held that incentives received from Computer Reservation System (CRS) companies are not subject to service tax under 'Business Auxiliary Service' or 'Intermediary Service' categories.

Fuel Surcharge Treatment: The tribunal ruled that fuel surcharge should not be included in the "basic fare" for calculating service tax under Rule 6(7) of the Service Tax Rules, 1994.

Abatement Benefits: The demand relating to the denial of abatement benefits under Notification Nos. 1/2006-ST and 26/2012-ST was set aside. The tribunal accepted that the proportional reversal of CENVAT credit by the company amounted to not availing the credit.

Additional Relief Provided

The tribunal also set aside demands related to:

• Short payment of service tax
• Reverse charge mechanism (RCM) on foreign expenditure
• CENVAT credit on gateway charges

All three appeals filed by the companies have been allowed in their entirety, with the impugned orders passed by lower authorities being set aside completely.

Regulatory Compliance and Impact

The company has disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the disclosure, the company anticipates no material adverse financial impact from this order. The favorable ruling provides significant relief regarding long-standing tax litigations that had been pending against the travel services company.