Easy Trip Planners Ltd to Acquire 30% Stake in Rollins International for INR 60 Crores

Easy Trip Planners Ltd has entered into definitive agreements to acquire a 30% stake in Rollins International Private Limited for INR 60,00,00,000. The acquisition will be through equity share swap, where the Company will issue its own fully paid-up equity shares to Rollins on a preferential basis. The acquisition is subject to customary conditions precedent and regulatory approvals, including the approval of the Company's shareholders. The proposed acquisition is expected to be completed in the next 3-4 months.