EaseMyTrip co-founder sells shares, states personal reasons after resigning

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EaseMyTrip co-founder sells shares, states personal reasons after resigning - Business Standard

Quick Summary:

In a social media post, Nishant, who was replaced by his brother and Co-Founder Rikant Pittie, after EaseMyTrip announced his appointment as the new CEO on January 1, reassured that the travel-tech platform is on a "strong growth path" and his move to sell a portion of the promoter shares does not reflect any lack of confidence in its future.

Co-Founder of online travel-tech aggregator EaseMyTrip Nishant Pitti on Friday said he sold a "small portion" of the promoter shares held by him for "personal reasons", days after the company announced his resignation as CEO.

"I recently sold a small portion of my promoter shares for personal reasons.