Last Updated:
Nishant Pitti replaces Prashant Pitti as Chairman cum Managing Director of Easy Trip Planners Ltd from August 29, 2025, amid a 47 percent share price drop in 2025.
Nishant Pitti (Left) and Prashant Pitti (Right)
EaseMyTrip Share Price: Shares of Easy Trip Planners Ltd, the parent of travel company EaseMyTrip.com, will be in focus during the Monday session, following a significant management change, where Prashant Pitti has been replaced by Nishant Pitti as the company’s MD. According to a press release, Nishant Pitti took charge of Chairman cum Managing Director of Easy Trip Planners Ltd from a whole-time director for a period of 5 years, effective from August 29, 2025.
The release added that Prashant Pitti gave his resignation from the position of Managing Director with immediate effect, from August 29, 2025.
“Based on recommendation of Nomination & Remuneration Committee, the Board at its meeting held on 29th August, 2025 approved the Change in Designation of Mr. Nishant Pitti (DIN: 02172265) from Whole Time Director to Chairman cum Managing Director of the Company, subject to shareholders’ approval,” the company said in the filing.
The transition marks a crucial moment, with the company’s shares having fallen consistently in 2025 so far. They are down almost 47 per cent on a year-to-date basis.
Easy Trip Planners Ltd brought its Rs 510 crore IPO in 2021. Shares listed on a premium of Rs 206 on the BSE against the issue price of Rs 187 per share. However, since then, shares have continued to witness a fall, reflecting a loss of trust among investors.
The current trading price of Easy Trip Planners Ltd shares is Rs 8.34 per share. In the last one year, they lost over 57.43 per cent value.
Born in 1986 in Delhi, Nishant Pitti co-founded the company in 2008 alongside his brothers, Rikant and Prashant Pitti. The company got listed on the bourses in 2021.
Apart from his role in the travel industry, Nishant Pitti has also been involved in Bollywood film production, contributing to movies such as Manikarnika: The Queen of Jhansi and Batti Gul Meter Chalu .
He is a Chartered Accountant, Law Graduate and a seasoned tax professional with over 18 years of experience in domestic and international tax and regulatory services.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
Read More
