Easy Trip Planners Limited, widely known as EaseMyTrip, has announced a major strategic financial move following its board meeting on May 13, 2026. The company’s Board of Directors has approved the issuance of equity shares on a rights basis for an aggregate amount not exceeding 5,000.00 million. This rights issue is intended for eligible equity shareholders as of a record date to be determined in the future. The board also approved the Draft Letter of Offer (DLOF) to be filed with SEBI and relevant stock exchanges, along with the appointment of necessary intermediaries to facilitate the process.

The proposed rights issue involves fully paid-up equity shares with a face value of 1/- each. This capital raising initiative is designed to strengthen the company’s balance sheet and support its ongoing growth strategies. The final number of securities to be issued and the specific issue price will be finalized by the board based on recommendations from the Rights Issue Committee. This announcement follows a series of strategic board deliberations aimed at optimizing the company’s capital structure in accordance with SEBI Listing Regulations.

EaseMyTrip is a leading Indian online travel platform that provides a comprehensive suite of travel-related services, including air tickets, hotel bookings, and holiday packages. Throughout 2025, the company aggressively expanded its footprint by acquiring Planet Education Australia to enter the educational tourism market and launching ‘EMT Desk,’ a specialized platform for corporate travel management. It also integrated travel booking services within OLX India’s platform to reach a wider user base. In early 2025, the company made headlines by launching dedicated holiday packages and bus services to Ayodhya, reflecting its focus on emerging domestic tourism trends.

During the 2025 calendar year, EaseMyTrip reported fluctuating financial performance across various quarters. For the third quarter of FY25 (ended December 2024), the company achieved a revenue from operations of 1,506 million and a Profit After Tax (PAT) of 336.4 million, representing a 30% sequential growth in profit. However, by the quarter ended December 2025, revenue stood at 1,516.6 million with a significantly lower net profit of 34.1 million. The Life Insurance Corporation of India (LIC) remains a prominent institutional investor in the company, holding a 2.3% stake as of early 2026.