In a significant update to its ongoing corporate investment strategy, Rollins International Private Limited has announced the termination of its planned investment transaction with Ease Trip Planners Limited. The development comes after a series of previous disclosures detailing the investment structure and subsequent share allotments related to the transaction.
The investment deal, valued at ₹60 crore, was structured for Easy Trip Planners Limited to acquire a 30% stake in Rollins International through a share swap. As per disclosures made on September 17, 2024, October 12, 2024, and April 12, 2025, Easy Trip had allotted 3,29,30,845 fully paid-up equity shares to Rollins after receiving in-principle listing approvals from NSE and BSE on March 28, 2025.
Following this, the company submitted applications to both NSE and BSE on May 2, 2025, for the listing of the newly issued equity shares. These approvals were pending at the time of Rollins' unexpected decision to withdraw.
The deal termination comes over 9 months after EMT’s board had approved investments in both Rollins and Pflege Home Healthcare Centre. While the Rollins agreement has now collapsed, EMT is still moving forward with its investment in Pflege. The company plans to acquire shares worth ₹20 crore from selling shareholders and invest ₹10 crore via an equity share swap for new shares.
Pflege, based in Dubai, specialises in medical tourism and offers services to international patients seeking treatment in the region. EMT aimed to leverage this acquisition by integrating its travel platform with comprehensive wellness and healthcare offerings.
Rollins, a subsidiary of RHA Holding known for managing healthcare brands such as The Wellness Co. and PureFoods, explained its decision in a letter addressed to EMT.
“Upon evaluation of our long-term strategic direction and evolving vision, we have concluded that proceeding further with the transaction may not be fully aligned with our goals moving forward. Considering the interests of all our stakeholders, including our internal team and future aspirations of Rollins, we believe this course of action is the most responsible at this stage,” the company stated.
Read More: EaseMyTrip and OneBanc Team Up to Transform Corporate Travel with AI Integration!
As of 26 June 2025, 11:10 AM, Ease My Trip shares are trading at ₹10.54 per share, a de of 0.19%.
The sudden exit by Rollins from this strategic investment has introduced uncertainty into Easy Trip’s corporate plans. However, the company has signaled that it will take appropriate legal steps and maintain clarity with regulators and investors regarding any further developments.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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 the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 26, 2025, 3:24 PM IST
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