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While EMT plans to buy 49% stake in SSL Nirvana for INR 100.5 Cr, it will also acquire 49% stake each in Levo Beauty and Doodles for INR 24.5 Cr each.
However, the investments will be subject to shareholder approval and completion of certain customary conditions
Shares of EMT have halved on a YTD basis amid a slowdown in its air ticketing business, unplanned experiments and corporate governance issues
Online travel aggregator (OTA) EaseMyTrip’s (EMT) board yesterday…
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While EMT plans to buy 49% stake in SSL Nirvana for INR 100.5 Cr, it will also acquire 49% stake each in Levo Beauty and Doodles for INR 24.5 Cr each.
However, the investments will be subject to shareholder approval and completion of certain customary conditions
Shares of EMT have halved on a YTD basis amid a slowdown in its air ticketing business, unplanned experiments and corporate governance issues
Online travel aggregator (OTA) EaseMyTrip’s (EMT) board yesterday…
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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