Easy Trip Planners , operating under the brand EaseMyTrip, has announced a significant capital raise and key leadership changes, signaling a new phase of growth and technological advancement for the online travel company.

Preferential Share Issue

The company's board has approved the issuance of 55.94 crore equity shares at ₹9.19 per share through a preferential allotment, raising a total of ₹514.07 crore. This move is subject to regulatory approvals and shareholder consent through postal ballot. The shares will be allocated to seven non-promoter investors, including both individuals and companies.

Here's a breakdown of the major allocations:

Leadership Changes

Alongside the capital raise, Easy Trip Planners has announced two significant appointments to its leadership team:

New Chief Technology Officer (CTO)

Sankalp Kaul has been appointed as the new CTO, replacing Naimish Sinha, who resigned due to personal reasons. Kaul brings over 18 years of experience in digital transformation across the travel and technology sectors. His expertise includes:

• Leading enterprise-grade travel platform implementations
• ERP integrations
• Large-scale global programs

New Chief Marketing Officer (CMO)

Manmeet Ahluwalia joins as the new CMO. With more than 20 years of experience in brand building and digital performance, Ahluwalia has a track record of scaling businesses. At Expedia, he led the brand's India market entry, achieving:

• Over $500 million in Gross Booking Value
• $60 million in Net Revenue

These appointments are expected to strengthen Easy Trip Planners' technological capabilities and marketing strategies, potentially driving further growth and innovation in the company's operations.

Implications for Easy Trip Planners

The substantial capital infusion through the preferential share issue provides Easy Trip Planners with additional resources to fund its growth initiatives. The appointment of experienced executives in key technology and marketing roles suggests a focus on enhancing the company's digital capabilities and market presence.

As the travel industry continues to evolve, Easy Trip Planners' moves indicate a strategic positioning to capitalize on emerging opportunities and strengthen its competitive stance in the online travel market.

Easy Trip Planners Limited, a prominent player in the travel sector, has announced a significant move to expand its business portfolio through strategic acquisitions. The company has issued a postal ballot notice seeking shareholder approval for a preferential allotment of equity shares worth ₹514.07 crore to fund these acquisitions.

Preferential Share Issue Details

The company plans to issue 55.93 crore equity shares at ₹9.19 per share, including a premium of ₹8.19 per share. This preferential allotment will be made to seven non-promoter allottees:

Strategic Acquisitions

The proceeds from this share issue will be used to acquire stakes in five target companies:

1. AB Finance Private Limited (100% stake)
2. Three Falcons Notting Hill Limited (50% stake)
3. Javaphile Hospitality Private Limited (49% stake)
4. Levo Beauty Private Limited (49% stake)
5. SSL Nirvana Grand Golf Developers Private Limited (49% stake)

These acquisitions mark Easy Trip Planners' entry into diverse sectors including real estate, hospitality, beauty, and golf course development.

Impact on Shareholding

Post-allotment, the promoter shareholding in Easy Trip Planners is expected to decrease from 47.72% to 41.36%. The new shares will be subject to a lock-in period of six months from the date of trading approval.

Voting Process

The company has set up a remote e-voting process for shareholders to cast their votes on this proposal. The voting period is scheduled from November 5, 2025, to December 4, 2025, with results to be announced by December 8, 2025.

Rationale for Acquisitions

These strategic moves appear to be part of Easy Trip Planners' efforts to diversify its business portfolio and expand into new sectors. The acquisitions include:

• A premium commercial property in Gurugram through AB Finance Private Limited
• A boutique hotel in London through Three Falcons Notting Hill Limited
• Entry into the F&B and fine dining sector via Javaphile Hospitality
• Expansion into the beauty and wellness industry through Levo Beauty
• Investment in real estate development with SSL Nirvana Grand Golf Developers

Conclusion

This preferential share issue and the subsequent acquisitions represent a significant shift in Easy Trip Planners' business strategy. The company aims to leverage these investments to expand beyond its core travel business and create new revenue streams in diverse sectors. Shareholders will play a crucial role in determining the future direction of the company through their votes on this proposal.