Yatra Online has successfully completed its postal ballot process for director appointment, achieving overwhelming shareholder support and resolving regulatory compliance issues. The company announced the official results through regulatory filings submitted to stock exchanges on December 19, 2025.

Postal Ballot Results Demonstrate Strong Support

The postal ballot conducted through remote e-voting concluded on December 18, 2025, with exceptional shareholder participation and approval. The voting process, monitored by appointed scrutinizer Mr. Shashikant Tiwari from Chandrasekaran Associates, demonstrated strong consensus among the shareholder base.

Director Appointment and Regulatory Compliance

The postal ballot approved the appointment of Mr. Roshan Chanaka Nirmal Mendis (DIN: 11292182) as Non-Executive, Non-Independent Director of the company. Mr. Mendis was initially appointed as Additional Director with effect from September 26, 2025, and the shareholder approval formalizes his position on the board.

E-voting Process and Scrutinizer Report

The company utilized National Securities Depository Limited (NSDL) platform for the remote e-voting process. Notice dispatch was completed on November 17, 2025, through electronic mode to shareholders whose email IDs were registered with depositories or the registrar. The scrutinizer's report confirmed the validity of all voting procedures and compliance with regulatory requirements.

Corporate Governance Enhancement

This appointment addresses the company's board composition requirements under SEBI Listing Regulations. The successful completion of the postal ballot process with such overwhelming support demonstrates strong shareholder confidence in the board's decisions and the company's commitment to maintaining proper corporate governance standards.

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.