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EaseMyTrip Leadership Shuffle: Prashant Pitti Exits, Nishant Pitti Appointed Chairman and MD

Written by: Team Angel OneUpdated on: 29 Aug 2025, 10:04 pm IST
EaseMyTrip announced the major leadership changes with Prashant Pitti's exit as MD; Nishant Pitti was named CMD effective August 29, 2025.
EaseMyTrip Leadership Shuffle: Prashant Pitti Exits, Nishant Pitti Appointed Chairman and MD
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EaseMyTrip, one of India's leading online travel platforms, has undergone a significant leadership transition as Prashant Pitti steps down as Managing Director and Nishant Pitti takes over the role of Chairman and Managing Director, effective August 29, 2025.

Prashant Pitti Steps Down, Nishant Pitti Takes Control

EaseMyTrip officially announced that Prashant Pitti has stepped down from his position as MD, effective immediately. Following this, Nishant Pitti has been elevated to the role of Chairman and MD, pending shareholders' approval. Nishant has been integral to the company’s journey since its inception in 2008. His reappointment to the board in May last year was for a span of 5 years, indicating continued strategic involvement despite his earlier resignation as CEO.

The company reiterated Nishant Pitti’s earlier commitment that no further promoter shares will be sold and that all promoters will continue to draw zero salary, underscoring strong alignment with shareholders and confidence in EaseMyTrip’s long-term growth.

Leadership Changes and Shareholding Adjustments

Earlier in 2025, Nishant Pitti resigned from the CEO position due to personal reasons. The CEO's responsibilities were then handed over to Rikant Pitti. Alongside this leadership realignment, Nishant had also declared plans to divest his remaining 14% stake in EaseMyTrip via block deals. However, he succeeded in offloading only 1.4% amid market constraints, holding on to the remainder of his shares.

Read More: Travel Insurance Purchases Surge by 45% as Indians Embrace Offbeat Destinations!

Remarks from Nishant Pitti, Founder, (CMD), EaseMyTrip 

In an exchange filing, Nishant Pitti, Founder, Chairman cum Managing Director (CMD), EaseMyTrip, said: “EaseMyTrip has always been very close to my heart. As Founder, I have seen this company grow with the trust of our customers, partners, and team members. Stepping into the role of Chairman cum Managing Director (CMD) gives me an opportunity to work even more closely with our people to unlock new opportunities, scale new heights, and continue building a travel-tech brand that India can be proud of.” 

Easy Trip Planners Share Price Performance

On August 29, 2025, Easy Trip Planners share price opened at ₹8.53 on NSE, above the previous close of ₹8.48. During the day, it surged to ₹8.55 and dipped to ₹8.30. The stock closed at ₹8.32 by the end of the day. The stock registered a decline of 1.89%.

Over the past week, it has declined by 7.04%, over the past month, it has declined by 16.47%, and over the past 3 months, it has declined by 25.71%.

Conclusion

EaseMyTrip's leadership shake-up marks a pivotal moment in the company’s governance, with Nishant Pitti taking the reins as CMD. The move follows a broader realignment in executive roles, signalling a shift in the company's operational dynamics amid ongoing market challenges.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Aug 29, 2025, 4:34 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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