Archive · 19 Jan 2026
EaseMyTrip Board Approves Capital Increase and Subsidiary
EaseMyTrip, a travel booking platform, has decided to increase the number of shares it can issue to ₹750 crore.
This means the company can raise more money to grow and expand.
The board also decided to create a new company under EaseMyTrip that will focus on teaching people new skills and vocational training.
Additionally, they plan to appoint a new independent director, Ajay Kumar Chauhan, starting from February 24, 2026, but this needs to be approved by the shareholders.
All these decisions were made to help the company grow and improve its services.
EaseMyTrip's Board approved an increase in authorized share capital to ₹750 crore, divided into 750,00,00,000 equity shares of ₹1 each, subject to shareholders' approval.
The Board approved the incorporation of a wholly-owned subsidiary focused on skill development and vocational training.
Ajay Kumar Chauhan was appointed as an Independent Director for a five-year term, effective February 24, 2026, subject to shareholders' approval.
The increase in authorized share capital aims to fund business growth, expansion, or attract more investment.
The decisions were announced in a regulatory filing on January 19, 2026.
- Who
- EaseMyTrip's Board of Directors
- What
- Approved an increase in authorized share capital and the incorporation of a new subsidiary
- When
- January 19, 2026
- Where
- Not specified (regulatory filing)
- Why
- To fund business growth, expansion, or attract more investment, and to focus on skill development and vocational training
- Authorized Share Capital
- ₹750 crore
- Equity Shares
- 750,00,00,000 shares of ₹1 each
- New Subsidiary Purpose
- Skill development and vocational training
- Independent Director Appointment
- Ajay Kumar Chauhan
- Director Term
- 5 years, effective February 24, 2026
- Approval Requirement
- Shareholders' approval
- Date of Announcement
- January 19, 2026