EaseMyTrip Allots 12.57 Cr Shares For Various Acquisitions

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SUMMARY

The company’s board approved the allotment of fresh equity shares to acquired businesses Jeewani Hospitality, Rollins International, Pfledge Home Health Care Center, and Planet Education promoters Gagandeep Singh and Sanket Champaklal Shah

EaseMyTrip said that the allotted 12.57 Cr equity shares are worth INR 229.03 Cr, a premium of about 40% considering the closing price of the company’s shares of INR 13.09 yesterday on the BSE

The promoters and promoter group stake in the company will reduce to 48.62% from the erstwhile…



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EaseMyTrip Allots 12.57 Cr Shares For Various Acquisitions


SUMMARY

The company’s board approved the allotment of fresh equity shares to acquired businesses Jeewani Hospitality, Rollins International, Pfledge Home Health Care Center, and Planet Education promoters Gagandeep Singh and Sanket Champaklal Shah

EaseMyTrip said that the allotted 12.57 Cr equity shares are worth INR 229.03 Cr, a premium of about 40% considering the closing price of the company’s shares of INR 13.09 yesterday on the BSE

The promoters and promoter group stake in the company will reduce to 48.62% from the erstwhile…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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