Easy Trip Planners Ltd. shares surged 15% after Chairman Nishant Pitti announced no future stake sales by promoters. Pitti reassured investors about the company’s profitable operations and focus on global expansion,

Nishant Pitti emphasised that EaseMyTrip is focused on its future and on leveraging new technologies to enhance its services.

Nishant Pitti told CNBC-TV18 that the 1.4% stake he sold last week was due to personal requirements and that neither he, Prashant or Rikant Pittie will be selling any further stake in the company.

A few days after selling part of his stake, Nishant Pitti said he sold a "small portion" of his promoter shares for "personal reasons"

Nishant Pitti had planned on selling his entire 14% remaining stake in Easy Trip Planners through block deals, but could only sell 1.4% of that the following day.

In an earnings call after the September quarter results, Prashant had said that the promoter family is "very committed" to the company.

Easy Trip Planners' stock price hit an intraday high of Rs 17.84 on the Bombay Stock Exchange, reflecting a 17.67% jump from its previous close. At 11:23 am, the stock traded at Rs 16.56, up 6.70%.

EaseMyTrip's shares surged 15% after promoter Nishant Pitti confirmed on X that there would be no further stake sale. Pitti clarified that the 1.4% stake sold last week was for personal reasons and assured investors that the remaining 14.