Corporate Action26 May 2026, 05:31 pm
Easy Trip Planners Allots 34.77 Cr Shares on Preferential Basis
AI Summary
Easy Trip Planners Ltd has allotted 34,77,98,677 fully paid-up equity shares with a face value of ₹1 each to various allottees on a preferential basis. The board of directors approved the allotment in a meeting held on May 26, 2026. The total consideration for the allotment is ₹319,62,80,000, with the allottees including Mr. Divyank Singhal, Levo Beauty Private Limited, SSL Nirvana Grand Golf Developers Private Limited, and Javaphile Hospitality Private Limited. Additionally, the company mutually terminated the Share Purchase Agreement with AB Finance Private Limited.
Key Highlights
- Easy Trip Planners allots 34.77 Cr equity shares on a preferential basis.
- Total consideration for the allotment is ₹319,62,80,000.
- Allotment includes Mr. Divyank Singhal and three private limited companies.
- Share Purchase Agreement with AB Finance Private Limited is terminated.
- Board meeting was held on May 26, 2026, to approve the allotment.
Price Impact
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