Nishant Pitti, co-promoter of Easy Trip Planners Ltd., the parent company of the popular online travel platform EaseMyTrip, clarified in his recent twitter post that he will not be selling any more of his stake in the company. This announcement came just two days after Pitti stepped down as the CEO of EaseMyTrip.
Pitti took to X (formerly Twitter) to share the decision, emphasizing that the stake he had sold earlier was for personal reasons. Pitti had initially planned to sell his remaining 14% ownership in the firm in block deals However, just 1.4% of his stake was sold in the first transaction, indicating a change of heart on further sales.
He wrote, “I recently sold a small portion of my promoter shares for personal reasons. I want to assure you this does not reflect any lack of confidence in EaseMyTrip’s bright future. With a talented team and Rikant’s visionary leadership, EaseMyTrip is on a strong growth path.”
He added, “To honor your trust, I have thoughtfully limited my share sale and confirm there will be no further sales from my side. Thank you for your unwavering support. Together, we will achieve even greater success. The best is yet to come!”
