EaseMyTrip Shares in Spotlight as Nishant Pitti Takes Over as New MD

• Nishant Pitti becomes Chairman and Managing Director of EaseMyTrip.
• The leadership change comes amid a 47% YTD fall in the company’s stock price.
• Prashant Pitti resigns as MD with immediate effect.

Shares of Easy Trip Planners Ltd, which operates EaseMyTrip.com, will remain in focus this week after a major leadership shake up. Nishant Pitti has been appointed as the new Chairman and Managing Director, replacing Prashant Pitti who stepped down.

The company’s board approved Nishant’s appointment based on the Nomination and Remuneration Committee’s recommendation. He was earlier serving as a Whole Time Director. His new role will be for a period of five years, subject to shareholder approval.

This change in top management comes during a challenging time for the company. EaseMyTrip shares have dropped nearly 47% in 2025 alone. Over the past year, the stock has lost more than 57% of its value. As of the latest update, the shares are trading at just Rs 8.34 apiece, a sharp fall from their listing price.

Easy Trip Planners launched its IPO in 2021, raising Rs 510 crore. Shares were listed at a premium of Rs 206 against the issue price of Rs 187. However, the company has struggled to sustain investor confidence since then.

Also Read: EaseMyTrip Introduces 2.0 Initiative to Invest in High-Growth, Scalable Startups

Nishant Pitti, born in 1986 in Delhi, co-founded EaseMyTrip in 2008 along with his brothers Rikant and Prashant Pitti. Besides heading the travel tech firm, he is also known for producing Bollywood films like Manikarnika, The Queen of Jhansi and Batti Gul Meter Chalu. He holds degrees in Chartered Accountancy and Law and brings over 18 years of experience in tax and regulatory services.

The company is now looking to bounce back under Nishant’s leadership.

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