Promoter sells 5.75% in Easy Trip Planners through open market transactions

Easy Trip Planners’ promoter Rikant Patti has sold a 5.75% stake in the company, reducing his shareholding to 26.38%. The details of the deal were not disclosed. The other two promoters, Nishant Pitti and Prashant Pitti, did not participate in the sale. The company’s shares dropped over 5% following the announcement. Easy Trip Planners is a major player in the online travel industry, offering various services including air ticket bookings. Despite the stock’s low performance, it is still considered expensive based on its valuation.