Easy Trip Planners approves bonus shares

New Delhi New Delhi: Travel tech platform Easy Trip Planners Ltd on Monday said its board has approved the issuance of bonus shares. Easy Trip Planners, which operates under the EaseMyTrip brand, said in a regulatory filing that the board of directors at its meeting held on Monday approved the issuance of bonus shares in the ratio of one bonus equity share for every fully paid-up equity share. The bonus shares will be issued from the available reserves of the company by March 31, 2024, the company said.

“This move reflects EaseMyTrip’s commitment to reward shareholders after two successful bonus issuances in 2022,” the company said. Nishant Pitti, CEO and co-founder of EaseMyTrip, said, “This bonus issuance reflects our gratitude to shareholders and underscores our belief in the strong financial health of the company. As we expand, it is important to continue sharing our success with those who have supported us.”