The company which announced bonus shares twice in 2022 will decide on buyback next week

After giving bonus shares twice in 2022 and declaring a stock split in the ratio of 1:2 in the same year, Easy Trip Planners Ltd. is going to consider buyouts soon. The company has informed the Indian markets that the board of directors of the company is going to consider and approve the proposal for acquisition in its next meeting to be held on January 24, 2023.

Easy Trip Planners Limited informed about the acquisition offer, “Subject to Regulation 29 and other applicable regulations, if any, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, the 24th January, 2023 at 10.00 am through video conferencing to consider the proposal for acquisition . ,

As per the information available on BSE website, Easy Trip Planners Limited has issued Bonus Shares twice in 2022. It traded ex-bonus stock in February 2022 for issue of bonus shares in the ratio of 1:1. It means that the company issued one bonus share for every share held by the eligible shareholders of the company. Similarly, Easy Trip Planners Limited traded ex-bonus shares in November 2022 for issue of bonus shares in the ratio of 3:1, which means that the company has issued three bonus shares for every share held by the eligible shareholders of the company. have been issued.

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Apart from these bonus shares, the company has also declared a stock-split. In November 2022, Easy Trip Planners Ltd traded X-split as the company announced stock subdivision in the ratio 1:2. This means, after a stock sub-division, one’s shareholding in the company doubles after the stock sub-division, as the face value of one share of the company is The stock changed into Rs 2 per equity share after the split.

EaseMyTrip or Easy Trip Planners IPO was launched in March 2021 at a price band of from 186 187 per equity share. The book build issue was proposed for listing on NSE and BSE and the stock was listed on Indian bourses on March 19, 2021. 19 more on BSE 25.25 per equity share on NSE.


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