Ixigo Approves €15.3 Million Investment in Singapore Subsidiary and ESOP Share Allotment

2 min read     Updated on 14 Feb 2026, 03:09 PM
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Overview

Le Travenues Technology Limited approved a €15.3 million investment in Singapore subsidiary IXIGO PTE. LTD. for European expansion and allotted 112,220 equity shares under ESOP schemes. The investment supports international growth through the subsidiary incorporated in December 2025, while the share allotment increased paid-up capital to ₹438,183,527 and generated ₹467,088.50 in proceeds.

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*this image is generated using AI for illustrative purposes only.

Le Travenues Technology (Ixigo) has announced two major corporate developments following its board meeting held on February 13, 2026. The travel technology company approved a substantial investment in its Singapore subsidiary and completed an employee stock option plan (ESOP) share allotment.

Major Investment in Singapore Subsidiary

The board approved a further investment of Indian Rupees equivalent to €15,300,000 (Fifteen Million Three Hundred Thousand Euros) in IXIGO PTE. LTD., its wholly owned Singapore subsidiary. This investment will support the company's European expansion plans and strengthen business synergies.

Parameter: Details
Investment Amount: €15,300,000
Target Entity: IXIGO PTE. LTD. (Singapore)
Investment Purpose: European business expansion
Completion Timeline: On or before March 31, 2026
Shareholding: 100% (maintained)

IXIGO PTE. LTD. was incorporated on December 18, 2025, with a paid-up capital of SGD 50,000 and operates in the Travel Technology and Strategic Investment Management sector. The subsidiary was established to lead investment and strategic management initiatives with a focus on supporting the group's international expansion.

ESOP Share Allotment Details

The company allotted 112,220 fully paid-up equity shares with a face value of ₹1 each under three employee stock option schemes. This allotment increased the company's paid-up share capital significantly.

Metric: Before Allotment After Allotment
Paid-up Share Capital: ₹438,071,307 ₹438,183,527
Total Shares Outstanding: 438,071,307 438,183,527
Money Realized: - ₹467,088.50

The share allotment involved three different ESOP schemes with varying exercise prices:

Scheme: Exercise Price (₹) Shares Allotted
ESOS 2016: 1.25 60,105
ESOS 2021: 1.25 48,553
ESOS 2024: 93.00 3,562

Remaining Vested Options

After the current allotment, substantial vested options remain available under the company's employee stock option schemes:

Scheme: Remaining Vested Options
ESOS 2016: 169,341
ESOS 2021: 2,086,381
ESOS 2024: 326,266

Regulatory Compliance and Timeline

The company will comply with applicable Indian laws, including the Companies Act, 2013, and the Foreign Exchange Management Act, along with Reserve Bank of India regulations for the Singapore investment. The trading window for designated persons will reopen on February 16, 2026.

The board meeting was conducted from 06:45 P.M. to 07:47 P.M. (IST) on February 13, 2026, with all decisions made in compliance with SEBI listing regulations. The newly allotted shares will rank pari passu with existing equity shares and carry identical rights.

Historical Stock Returns for Le Travenues Technology (IXIGO)

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Le Travenues Technology (ixigo) Conducts Analyst Meetings with Leading Fund Managers and Research Analysts

1 min read     Updated on 11 Feb 2026, 08:12 PM
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Overview

Le Travenues Technology Limited (ixigo) conducted analyst and investor meetings on February 11, 2026, with representatives from five major financial institutions including Mirae Asset Mutual Fund, East Bridge Capital Management, SBI Mutual Fund, Franklin Templeton, and UTI Mutual Fund. All meetings were conducted as one-on-one physical sessions across Mumbai and Gurugram, with the company confirming that no unpublished price sensitive information was shared during these interactions.

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*this image is generated using AI for illustrative purposes only.

Le Travenues Technology (ixigo) announced that its management conducted multiple analyst and investor meetings on February 11, 2026, as part of its regular stakeholder engagement activities. The meetings were held under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details and Participants

The company's management engaged with five prominent financial institutions through one-on-one physical meetings held across Mumbai and Gurugram. The meetings were structured to provide direct interaction between the company's leadership and key market participants.

Participant Organization Meeting Time Venue
Mr. Namant Satya Mirae Asset Mutual Fund (Research Analyst) 11:00 A.M. (IST) Mumbai
Mr. Vikram Deswal & Mr. Sunil Asnani East Bridge Capital Management (Founder/CIO & MD) 12:00 P.M. (IST) Gurugram
Mr. R. Srinivasan SBI Mutual Fund (CIO - Equity) 02:00 P.M. (IST) Mumbai
Mr. Arya Sen Franklin Templeton (Head of Research) 04:00 P.M. (IST) Mumbai
Mr. Nitin Jain UTI Mutual Fund (Fund Manager) 04:30 P.M. (IST) Mumbai

Regulatory Compliance and Transparency

Le Travenues Technology Limited emphasized its commitment to regulatory compliance by confirming that no unpublished price sensitive information was discussed during any of the meetings. This disclosure ensures transparency and maintains the company's adherence to SEBI guidelines regarding information sharing with analysts and investors.

Corporate Communication Framework

The announcement was made through proper regulatory channels, with the company filing the disclosure with both the National Stock Exchange of India Limited and BSE Limited. The information has also been made available on the company's investor relations website at investors.ixigo.com, ensuring broad accessibility for all stakeholders.

The meetings represent part of Le Travenues Technology Limited's ongoing investor relations activities, facilitating direct communication between the management and the investment community while maintaining strict compliance with regulatory requirements.

Historical Stock Returns for Le Travenues Technology (IXIGO)

1 Day5 Days1 Month6 Months1 Year5 Years
-7.13%-5.14%-7.63%-21.95%+35.84%+6.46%
Le Travenues Technology (IXIGO)
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