Yatra Online Limited (YOL), a leading online travel company, has completed the amalgamation of six wholly-owned subsidiaries, with the scheme becoming effective from December 01, 2025. This strategic move aims to simplify the company's operational structure and enhance overall efficiency.

Key Details of the Merger

The completed amalgamation involves the following wholly-owned subsidiaries:

1. Yatra TG Stays Private Limited
2. Yatra Hotel Solutions Private Limited
3. Yatra For Business Private Limited
4. Yatra Corporate Hotel Solutions Private Limited
5. Travel.Co.In Private Limited
6. Yatra Online Freight Services Private Limited

Implementation Details

• Effective Date: The scheme has become effective from December 01, 2025.
• Dissolution: The amalgamating companies have been dissolved without winding up and cease to be subsidiaries of Yatra Online Limited.
• Share Capital Revision: The company's authorized share capital has been revised to Rs. 46,58,00,000 divided into equity and preference shares.

Rationale and Benefits

The amalgamation is expected to bring several advantages to Yatra Online Limited:

• Operational Efficiency: By integrating the businesses of the transferor companies, YOL aims to carry out operations more effectively and derive maximum value.
• Cost Reduction: The merger is anticipated to result in reduced overheads, costs, and expenses through the pooling and more effective utilization of combined resources.
• Simplified Structure: The consolidation will lead to a more streamlined corporate structure, facilitating efficient capital utilization and creating a stronger base for future growth.
• Synergy Creation: The amalgamation is expected to enable greater realization of the potential of the businesses when combined under Yatra Online Limited.

Conclusion

The completion of this amalgamation marks a significant milestone for Yatra Online Limited in its efforts to optimize its corporate structure. As the travel industry continues to evolve, this consolidation is expected to position Yatra more competitively in the market, potentially leading to improved operational performance and shareholder value in the long term.

Investors and stakeholders should note that the full impact of this merger will be realized over time as the company integrates its operations and leverages the synergies created by this corporate action.

Yatra Online Bolsters Corporate Governance Team

Yatra Online Limited (ISIN: INE0JR601024) has announced key changes in its corporate governance structure, coupled with addressing recent compliance issues. The travel services provider has taken steps to strengthen its leadership team while navigating regulatory challenges.

New Appointment

Effective December 01, 2025, Ms. Jyoti Chawla will join Yatra Online Limited as the Company Secretary and Compliance Officer. This strategic appointment aims to enhance the company's corporate governance framework and ensure adherence to regulatory requirements.

Compliance Challenges and Resolution

Yatra Online faced regulatory scrutiny for non-compliance with board composition requirements during the quarter ended September 30, 2025. As a result, the company received fines from both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Fine Details:

The company has addressed these issues by:

1. Paying the imposed fines in full
2. Appointing Mr. Roshan Chanaka Nirmal Mendis as Director on September 26, 2025, to achieve compliance with board composition requirements

Impact and Outlook

This series of events underscores the importance of maintaining robust corporate governance practices in the ever-evolving regulatory landscape. Yatra Online's action in addressing the compliance issues and strengthening its leadership team demonstrates its commitment to upholding high standards of corporate governance.

Investors and stakeholders may keep a close eye on the company's future compliance track record and the impact of these changes on its overall governance structure.