Le Travenues Technology (IXIGO) , the company behind the popular travel platform ixigo, has seen a significant increase in shareholding by Schroders Group, a global investment management firm. The transaction took place on September 18, 2025, with Schroders Group entities, acting as discretionary fund managers, acquiring additional shares through open market transactions.

Regulatory Disclosure

The acquisition triggered regulatory disclosure requirements under the Securities and Exchange Board of India (SEBI) regulations. Schroders Investment Management (Hong Kong) Limited, on behalf of the Schroders Group, filed the appropriate forms with both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) on September 22, 2025.

Transaction Details

According to the disclosure, the Schroders Group increased its shareholding by more than 2% of its last disclosed position in Le Travenues Technology. The exact number of shares acquired and the resulting total stake were not specified in the available data.

Mode of Acquisition

The shares were acquired through open market transactions, as stated in the regulatory filing. This method of acquisition suggests that Schroders Group made the purchase through normal trading activities on the stock exchanges.

Non-Promoter Status

It's important to note that Schroders Group does not belong to the promoter group of Le Travenues Technology. This information clarifies that the investment is part of Schroders' portfolio management activities rather than a strategic move by company insiders.

About Schroders Group

Schroders is a global investment management company with a strong presence in Asia. The acquisition was managed by Schroders Investment Management (Hong Kong) Limited, operating from their office at Level 33, Two Pacific Place, 88 Queensway, Hong Kong.

Implications

While the specific reasons for increasing the stake were not disclosed, such moves by large institutional investors are often seen as a vote of confidence in a company's prospects. For Le Travenues Technology, this increased investment by a reputable global fund manager could be viewed positively by the market.

Investors and market analysts will likely keep a close eye on any further developments or disclosures from either Schroders Group or Le Travenues Technology in the coming days.

Le Travenues Technology (IXIGO) , the operator of travel platform Ixigo, saw its shares jump over 3% to Rs 282.00 following a strategic move by Christopher Wood, Jefferies' Global Head of Equity Strategy. Wood added Ixigo to his India long-only portfolio with a 4% weight, sparking investor interest in the smallcap company.

Portfolio Reshuffling

Wood's portfolio adjustments extended beyond Ixigo. He also added Ambuja Cements and Lemon Tree Hotels, each with 4% weights. Simultaneously, he removed Reliance Industries and Axis Bank from the portfolio while reducing positions in ICICI Bank, REC, and JSW Energy.

Ixigo's Market Performance

The inclusion in Wood's portfolio highlights Ixigo's strong market performance:

• Market Capitalization: Rs 10,883.00 crore
• 1-Year Return: 88%
• Benchmark Comparison: Outperformed the Nifty India Tourism index, which returned 13% over the same period

Financial Highlights

Ixigo's recent financial results demonstrate robust growth:

The company's significant revenue growth of 74.00% year-over-year underscores its expanding market presence and operational efficiency.

Recent Investor Meeting

According to the latest LODR (Listing Obligations and Disclosure Requirements) filing, Ixigo's management recently engaged with investors. On September 18, 2025, the company held a one-on-one physical meeting with representatives from Awriga Capital Advisors LLP in Gurugram. The meeting involved:

• Mr. Gokul Maheshwari and Mr. Jinal Sheth, both Founding Partners
• Mr. Ronak Chheda, Senior Analyst from Awriga Capital Advisors LLP

Ixigo confirmed that no Unpublished Price Sensitive Information was discussed during this investor meeting, adhering to regulatory compliance.

The addition of Ixigo to Christopher Wood's portfolio, coupled with its strong financial performance and active investor engagement, signals growing interest in the company within the investment community. As the travel sector continues to evolve, Ixigo's market position and growth trajectory will likely remain under close watch by investors and analysts alike.