EaseMyTrip Reshuffles Leadership: Nishant Pitti Elevated to Chairman and MD, Prashant Pitti Steps Down
Easy Trip Planners, operating as EaseMyTrip, has announced significant leadership changes effective August 29, 2025, pending shareholder approval. Nishant Pitti has been appointed as the new Chairman and Managing Director, while Prashant Pitti has stepped down as Managing Director. Vikas Bansal joins as a Whole-time Director. Nishant Pitti will focus on long-term vision, innovation, and expansion. Prashant Pitti plans to mentor startups and pursue new ventures. The company reaffirmed that promoters will not sell further shares and will continue to draw zero salary. Following the announcement, EaseMyTrip shares traded 1.42% lower at ₹8.36.

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Easy Trip Planners , operating under the brand EaseMyTrip, has announced significant changes to its leadership structure, effective August 29, 2025, subject to shareholder approval.
Leadership Changes
- Nishant Pitti, a founder and long-serving board member since 2008, has been appointed as the new Chairman and Managing Director (CMD).
- Prashant Pitti has stepped down from his position as Managing Director with immediate effect.
- Vikas Bansal has been appointed as a Whole-time Director.
Nishant Pitti's New Role
In his expanded role as Chairman cum Managing Director, Nishant Pitti will:
- Guide the company's long-term vision
- Focus on innovation, expansion, and stakeholder value creation
- Lead EaseMyTrip's evolution beyond travel into a diversified ecosystem of businesses and services
Commenting on his new position, Nishant Pitti stated, "Stepping into the role of Chairman cum Managing Director (CMD) gives me an opportunity to work even more closely with our people to unlock new opportunities, scale new heights, and continue building a travel-tech brand that India can be proud of."
Prashant Pitti's Future Plans
Prashant Pitti, in his resignation letter, expressed his intention to:
- Dedicate more time to mentoring young startups
- Pursue new business ventures
- Work on urban traffic solutions and other public-good initiatives
He assured stakeholders that he will continue to remain a promoter and committed long-term shareholder of EaseMyTrip.
Promoters' Commitment
The company reiterated two key points regarding the promoters:
- No further promoter shares will be sold
- All promoters will continue to draw zero salary
This decision underscores their strong alignment with shareholders' interests and confidence in EaseMyTrip's long-term growth prospects.
Additional Board Decisions
The Board of Directors also approved:
- Appointment of M/s SMD & CO as the Secretarial Auditor for two consecutive years
- Amendment in the object clause of the Memorandum of Association
- Notice of the 17th Annual General Meeting along with the Board Report
Market Response
Following the announcement, EaseMyTrip shares traded 1.42% lower at ₹8.36 on the stock exchange.
Easy Trip Planners, founded in 2008, has established itself as one of India's leading online travel-tech platforms. The company offers end-to-end travel solutions including flights, hotels, holiday packages, and various other travel services. With a strong presence in India and expanding international operations, EaseMyTrip continues to focus on growth and innovation in the travel-tech sector.
Historical Stock Returns for Easy Trip Planners
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.89% | -7.04% | -16.97% | -29.01% | -57.81% | +27.80% |