Easemy Trip: Sold 5 crore shares, CEO changed, 100 crore plot
Easemy Trip CEO Rikant Pittie: Nishant Pitti has sold shares worth 78.32 crore through a block deal. Under this deal, he sold 4.99 crore shares. The company's shares saw a decline on Wednesday and the market cap came down to Rs 2,785 crore.
EaseMy Trip Share Price: A year ago, EaseMy Trip founder Nishant Pitti was spotted with Kangana Ranaut at the Pran Pratishtha ceremony in Ram Mandir. At that time, it was fiercely discussed that both Nishant and Kangana are dating each other. But after 48 hours on this news, Kangana's statement came and she clarified that Nishant is already married and I am dating someone else. The Bollywood actress said that there is someone else in her life whom she will tell about soon. But this time Kangana's friend Nishant Patti is again in the spotlight, but for some other reason.
Willingness to sell stake through block deal
In fact, on the first day of the year, Nishant Pitti suddenly resigned from the post of CEO of EaseMy Trip. The stock market was also informed about this on behalf of the company. After this, the company's stock closed at Rs 15.72. A day earlier, Nishant had expressed his desire to sell his 14% stake to Ease Trip Planners through a block deal.
After this, he sold 1.4% stake holding out of his total stake on Tuesday and his stake came down to 12.8 percent. The effect of this was that the promoter holding in the company came down from 50.38 percent to 48.97 percent. It was reported that Nishant Pitti has sold shares worth 78.32 crores through a block deal. Under this deal, he sold 4.99 crore shares. After this deal, the company's shares saw a decline on Wednesday and the market cap came down to Rs 2,785 crore.
After the resignation of
Nishant Patti, Rikant Patti has been given the responsibility of the post of CEO. Known as Easy Trip Planners, EaseMyTrip was started in 2008 by three brothers Nishant Patti, Prashant Patti and Rikant Patti. This company runs a travel website company that gives discounts on tour packages. The company has business with India in other countries as well. In the past, Nishant Patti came into the limelight by bidding to buy Go First Airline.
In January 2024, Nishant Patti's name came into the limelight for buying a plot worth Rs 100 crore in Gurugram.
At that time, media reports said that the company had invested Rs 99.34 crore for a commercial plot in Gurugram. For this, the petitioner had to pay stamp duty of Rs 6.95 crore. The total area of the plot in Sector-32, Gurugram, is 43,594 square feet.