Easy Trip Planners Limited announced that its promoter, Nishant Pitti, has pledged a substantial number of shares, specifically 34,51,39,404 equity shares. This action, reported on August 29, 2026, pertains to shares held in the company and is in compliance with SEBI regulations. The pledge was made to Motilal Oswal Financial Services Limited for personal use and represents a significant portion of the promoter’s holdings.
Promoter Share Pledge Announced
Easy Trip Planners Limited has officially disclosed a significant event concerning its promoter, Mr. Nishant Pitti. In a filing dated August 29, 2026, the company reported the creation of an encumbrance on a considerable block of promoter shares. Specifically, 34,51,39,404 equity shares of Easy Trip Planners Limited, held by Mr. Pitti, have been pledged.
Details of the Encumbrance
The pledge was executed on August 24, 2026, and the shares have been encumbered in favour of Motilal Oswal Financial Services Limited. The stated reason for this encumbrance is for the personal use by the promoter. This transaction represents 8.66% of the promoter’s total shareholding and 11.26% of the total share capital of Easy Trip Planners. Following this pledge, Mr. Pitti’s direct shareholding in the company stands at 44,872,910 shares, constituting 11.26% of the total equity.
Regulatory Compliance
This disclosure is made in accordance with Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and the SEBI Master Circular dated February 16, 2023. The company has submitted the necessary disclosures to the stock exchanges, BSE Limited and the National Stock Exchange of India Limited, for their records.
Source: BSE
