EaseMyTrip Cofounder Nishant Pitti Pledges Shares Worth ₹212 Cr To Motilal Oswal

EaseMyTrip cofounder and chairman Nishant Pitti has pledged 34.51 Cr shares of the online travel aggregator, worth ₹211.9 Cr, to Motilal Oswal Financial Services for “personal use”. The pledge, created on August 24, covers 8.66% of EaseMyTrip’s total share capital, according to an exchange filing. The shares were valued at ₹6.14 apiece at the time of the transaction.