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EaseMyTrip Cofounder Pledges ₹212 Crore in Shares to Motilal Oswal
Nishant Pitti, one of EaseMyTrip’s founders, used many of his company shares as security for a financial transaction.
He pledged about 34.51 crore shares to Motilal Oswal Financial Services.
These shares were valued at about ₹211.92 crore.
The money is meant for Pitti’s personal use, not for EaseMyTrip’s business.
The pledged shares equal about 8.66% of the company.
Pitti still reportedly owns about 44.87 crore shares after the pledge.
EaseMyTrip’s share price closed at ₹5.83 in the reported trading session.
The article also said the stock has fallen sharply over recent periods, although it gave differing figures for some declines.
EaseMyTrip cofounder and promoter Nishant Pitti pledged 34.51 crore shares to Motilal Oswal Financial Services.
The pledged shares represent 8.66% of Easy Trip Planners’ total paid-up share capital.
The transaction involved ₹211.92 crore, with a 1:1 security cover, and the funds are for Pitti’s personal use.
After the pledge, Pitti reportedly holds about 44.87 crore shares, or 11.26% of the company’s share capital.
Easy Trip Planners shares closed at ₹5.83, while the article reported declines of about 30% in three months and roughly 20% in 2026.
- Who
- Nishant Pitti, cofounder and promoter of Easy Trip Planners, pledged shares to Motilal Oswal Financial Services.
- What
- Pitti pledged 34,51,39,404 shares, valued at ₹211.92 crore, as security for personal-use funds.
- Where
- The shares are associated with Easy Trip Planners, the listed company operating the EaseMyTrip online travel platform; the reported closing price was on the BSE.
- When
- The report refers to the trading session ending Friday, September 11, 2026, and says the stock would remain in focus on Tuesday.
- Why
- The funds raised through the pledge are for Pitti’s personal use and will not be used for the listed company’s business.
Key facts
- Pledged shares
- 34,51,39,404 shares, or about 34.51 crore shares
- Shareholding represented
- About 8.66% of Easy Trip Planners’ total paid-up share capital
- Transaction value
- ₹211.92 crore
- Security cover
- 1:1
- Reported closing price
- ₹5.83 per share on the BSE
- Market capitalisation
- ₹2,323.05 crore
- Reported 52-week range
- High of ₹10.57 on February 18, 2026; low of ₹5.73 on September 11, 2026
- Performance figures
- The article reported declines of about 30% in three months, around 20.1%-20.9% in 2026, and differing one-year figures of about 32% and 72.13%.
Sources
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