Home / Business and Economy / EaseMyTrip Boosts Capital, Ventures into Skill Development
EaseMyTrip Boosts Capital, Ventures into Skill Development
19 Jan
Summary
- Authorized share capital increased to Rs 750 crore.
- New subsidiary to be incorporated for skill development.
- Ajay Kumar Chauhan appointed as Independent Director.
EaseMyTrip's Board of Directors has greenlit a substantial increase in the company's authorized share capital, raising it to Rs 750 crore. This strategic financial maneuver, requiring shareholder consent, aims to bolster the company's capacity for funding future growth and attracting investment. The decision was announced on January 19, 2026.
In addition to the capital enhancement, EaseMyTrip is expanding its business horizons by establishing a new wholly-owned subsidiary dedicated to skill development and vocational training. This move signifies the company's diversification into the education and up-skilling sector, aiming to cater to emerging market needs.
Further strengthening its corporate governance, the Board has also approved the appointment of Ajay Kumar Chauhan as an Independent Director. This appointment is set for a five-year tenure, commencing February 24, 2026, and is also subject to shareholder approval. These developments mark a proactive approach by EaseMyTrip towards strategic expansion and talent development.
