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EaseMyTrip co-founder Nishant Pitti pledges shares worth Rs 95 crore for 'personal use’

  • Nishant Pitti, chairman of EaseMyTrip, pledges 9 crore shares worth Rs 94.5 crore for 'personal use' to Motilal Oswal Financial Services.
  • This pledge represents 2.54% of the company's total equity and adds to the existing 8 crore shares already under pledge, bringing the total to 17.01 crore shares.
  • Pitti's stake in EaseMyTrip has decreased significantly from 28.13% to 12.8% between March 2024 and March 2025, with notable share sales including a block deal in December raising Rs 78.3 crore.
  • The latest pledge raises concerns among investors regarding governance and promoter confidence, as pledging promoter shares for personal use is often seen as a red flag for potential liquidity issues or strategic changes.

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