EaseMyTrip Co-Founder Pledges 34.51 Cr Shares to Motilal Oswal as Penny Stock Slides 20%
Nishant Pitti has pledged shares worth Rs 211.92 crore for personal use, leaving 98.89% of his personal EaseMyTrip holding encumbered while the stock trades near Rs 5.83.
The pledge pushes his total encumbered holding to 44.87 crore shares, 98.89% of his own stake and 11.26% of the company, raising governance and margin-call risks as the stock stays under pressure.
