Easy Trip Planners Limited has announced that its Board of Directors has adjourned the proposal regarding a planned fund-raising initiative. The company was considering options such as equity shares, rights issues, or qualified institutional placements. The board will reconvene on May 13, 2026, to further deliberate on the matter and finalize the strategy for raising capital to support the company’s growth objectives.
Board Meeting Deliberations
During the meeting held on May 11, 2026, the Board of Directors of Easy Trip Planners Limited reviewed the proposal to raise additional funds. The company is exploring multiple avenues for capital infusion, including the issuance of equity shares or other eligible securities. Options being evaluated include a rights issue, qualified institutions placement, or a preferential issue of shares.
Next Steps for Capital Strategy
Following extended deliberations that concluded at 06:45 P.M., the Board decided to adjourn the current session to allow for further review of the proposal. A follow-up meeting has been scheduled for Wednesday, May 13, 2026, at 04:00 P.M. The company intends to conclude its discussions on the proposed fund-raising structure during this upcoming meeting to ensure the most effective approach for its future financial requirements.
Source: BSE
