EaseMyTrip announces leadership restructure, Chairman outlines growth strategy 

The shares of Easy Trip Planners Limited were trading at ₹16.54 up by ₹1.03 or 6.64 per cent on the NSE today at 10.15 am.

EaseMyTrip, the Indian online travel platform, announced a significant leadership change as founder Nishant Pitti transitions to the role of Chairman, with Rikant stepping in as CEO to manage daily operations. The announcement, made by Pitti on X (formerly Twitter), emphasised that no promoter selling would take place during this transition.

  • Read also:ITC Hotels Demerger Share Price Live: ITC shares fall 5%, stock to turn ex-date today

The company, known for its no-convenience-fee model, plans to focus on international expansion and diversification into corporate travel and luxury tourism segments. Pitti outlined several strategic initiatives, including the integration of AI and data analytics, and potential blockchain implementation to enhance customer experience.

EaseMyTrip’s new direction includes a commitment to sustainable travel through carbon offset programs and eco-friendly initiatives. The company has maintained profitability since its inception, building its reputation on transparent pricing and operational efficiency.

  • Read also: Standard Glass Lining Technology IPO & Indobell Insulation IPO day 1 live: 

The leadership restructuring comes as the company’s shares are experiencing increased market activity. The move signals a shift in EaseMyTrip’s organizational structure, with Pitti focusing on shaping the company’s future direction and international growth while delegating operational responsibilities to the new CEO.

Related Content

Reviving growth is a tall order

Casagrand Premier Builder receives SEBI clearance for ₹1,100 crore IPO, with market share in residential secto

Economists divided on FY25 growth, H2 delivering the needed bounce

Leave a Comment