Easy Trip Planners inches up on planning to raise funds through various modes
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Easy Trip Planners is currently trading at Rs. 393.30, up by 0.80 points or 0.20% from its previous closing of Rs. 392.50 on the BSE.
The scrip opened at Rs. 390.15 and has touched a high and low of Rs. 398.15 and Rs. 390.15 respectively. So far 20698 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 476.50 on 24-May-2022 and a 52 week low of Rs. 206.75 on 24-Aug-2021.
Last one week high and low of the scrip stood at Rs. 401.15 and Rs. 384.50 respectively. The current market cap of the company is Rs. 8578.61 crore.
The promoters holding in the company stood at 74.90%, while Institutions and Non-Institutions held 5.75% and 19.35% respectively.
Easy Trip Planners is planning to raise further capital and to create, offer, issue and allot such number of equity shares, non-convertible debt instruments along with warrants and convertible securities other than warrants, by way of qualified institutions placement, in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and all other applicable laws, as may be considered appropriate, subject to shareholders approval and government / regulatory / statutory approvals and requirements, as applicable. The meeting of the Board of Directors of the Company will be held on August 26, 2022 to consider the same.
Easy Trip Planners (EaseMyTrip) is the second largest online travel agency in India in terms of gross revenue.
