EaseMyTrip Expands with New Subsidiary and Increased Share Capital

EaseMyTrip's Board has approved an increase in its authorised share capital to Rs 750 crore and the establishment of a new subsidiary focused on skill development and vocational training. The appointment of Ajay Kumar Chauhan as an Independent Director for five years was also confirmed, pending shareholders' approval.

EaseMyTrip's Board of Directors has taken significant steps to bolster the company's future growth and diversification. On Monday, the Board approved an increase in the authorised share capital to Rs 750 crore, indicating plans for possible expansion or securing additional investment.

Part of this strategic move involves the incorporation of a new subsidiary aimed at providing skill development and vocational training. This initiative aligns with the company's long-term vision to diversify its portfolio and enhance its contribution to workforce development.

Additionally, the Board has cleared the appointment of Ajay Kumar Chauhan as an Independent Director, effective from February 24, 2026, contingent upon shareholders' approval. These developments promise to fortify EaseMyTrip's operational capabilities.

(With inputs from agencies.)