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Nishant Pitti, one of the co-promoters of Easy Trip Planners Ltd., the parent company of online travel aggregator EaseMyTrip, has resigned as the company’s CEO with effect from January 1, 2025, citing personal reasons.
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Nishant Pitti had announced plans on Monday evening to sell his remaining 14% stake in the Easy Trip Planners via block deals. However, he could only manage to sell 1.4% of that stake on Tuesday.
The company has announced the appointment of Rikant Pitti, on of the promoters of the company, as the new CEO with immediate effect.
CNBC-TV18 had reported on Tuesday about the Pitti’s earlier stake sales, where he had sold 14% stake in the company via block deals in September last year.
Shares of Easy Trip Planners are currently unchanged at ₹15.86.
This is a developing story.
First Published: Jan 1, 2025 10:47 AM IST
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