“I, Nishant Piiti, Chairman and CEO of Easy Trip Planners Restricted, hereby tender my resignation from the place of CEO on account of private causes with impact from January 01, 2025. Kindly settle for this resignation and relieve me from being the CEO of the corporate and acknowledge the receipt of this resignation,” mentioned Pitti in his resignation letter connected by firm in inventory trade submitting.
After the announcement, shares of the corporate had been buying and selling within the pink at Rs 15.85.
Earlier on Tuesday, Simple Journey Planners promoter and co-founder Nishant Pitti divested a 1.4 per cent stake within the firm for Rs 78 crore by means of an open market transaction. Ease Journey Planners Ltd is the father or mother agency of on-line journey firm EaseMyTrip.
In keeping with the majority deal knowledge accessible on the Nationwide Inventory Trade (NSE), Nishant Pitti offloaded 4.99 crore shares or 1.41 per cent stake in Simple Journey Planners.
The shares had been disposed of at a mean worth of Rs 15.68 apiece, taking the transaction worth to Rs 78.32 crore.After the transaction, Pitti’s holding in Simple Journey Planners has come all the way down to 12.8 per cent from 14.21 per cent. Additionally, the mixed promoter stakeholding within the firm has additionally declined to 48.97 per cent from 50.38 per cent.In the meantime, Arunaben Sanjaykumar Bhatiya picked up 2.40 crore shares of Simple Journey Planners at a mean worth of Rs 15.86 per piece.
This took the deal worth to Rs 38.06 crore.
Particulars of the opposite patrons of Simple Journey Planners’ shares couldn’t be ascertained on the NSE.
In September 2023, Nishant Pitti had offered its 14 per cent stake within the firm for Rs 920 crore by way of open market transactions.
Simple Journey Planners shares on Tuesday declined 6.98 per cent to shut at Rs 15.85 apiece on the NSE.
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