Easy Trip Planners has disclosed the creation of a pledge by promoter Nishant Pitti on a significant portion of his equity shareholding. The disclosure was made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Details

The key parameters of the pledge transaction are presented below:

The pledged shares represent a substantial portion of the promoter's holding in Easy Trip Planners Limited. Mobil One Fuel Services Limited is the entity in whose favor the shares have been encumbered.

Regulatory Compliance

The disclosure was made pursuant to Regulation 31(1)(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company also referenced the SEBI Master Circular SEBI/HO/CFD/PoD-1/P/CIR/2023/31 dated February 16, 2023, which governs such disclosures.

The pledge creation requires mandatory reporting to both BSE Limited and National Stock Exchange of India Limited, where Easy Trip Planners shares are listed.

Nature of Encumbrance

The encumbrance has been classified as a pledge, which is one of several types of security arrangements recognized under SEBI regulations. The pledgee, Mobil One Fuel Services Limited, is not a scheduled commercial bank, public financial institution, or NBFC.

This pledge arrangement allows the promoter to utilize his equity holding as collateral while maintaining his ownership rights in the company, subject to the terms and conditions of the pledge agreement.

Easy Trip Planners , one of India's leading online travel platforms, has announced a strategic partnership with the World Tennis League (WTL) for its inaugural Indian edition. This collaboration marks a significant move for both the travel industry and the sports sector in India.

Partnership Highlights

• Event: World Tennis League 2025
• Venue: SM Krishna Tennis Stadium, Bengaluru
• Dates: December 17-20, 2025
• EaseMyTrip's Role: Official Travel Partner

EaseMyTrip's Responsibilities

EaseMyTrip will manage comprehensive travel and logistics requirements for:

• Players
• Teams
• Officials

This partnership ensures seamless coordination and premium travel support for the event.

Star-Studded Lineup

The World Tennis League 2025 in India will feature an impressive roster of international and Indian tennis stars:

Impact on EaseMyTrip's Business

While this partnership is primarily a strategic move to enhance EaseMyTrip's brand presence in the sports and entertainment sector, it's worth noting some key financial indicators from the company's recent balance sheet:

These figures suggest that EaseMyTrip is in a strong financial position to support and benefit from such high-profile partnerships.

Statements from Leadership

Nishant Pitti, Founder and CMD of EaseMyTrip, expressed enthusiasm about the partnership: "We are delighted to partner with the World Tennis League as it makes its India debut. This is a landmark moment for India's sporting ecosystem, and we are proud to play an integral role in ensuring smooth and superior travel planning for world-class athletes arriving from across the globe."

Looking Ahead

This collaboration between EaseMyTrip and the World Tennis League represents a significant step in bringing world-class tennis to India. It not only elevates the stature of international sporting events in the country but also positions EaseMyTrip as a key player in sports tourism and event management.

As the event approaches, it will be interesting to observe how this partnership impacts EaseMyTrip's brand visibility and potentially its financial performance in the coming quarters. Investors and sports enthusiasts alike will be watching closely as this serves as a testament to the growing intersection of sports, tourism, and technology in India's evolving market landscape.