Easy Trip Planners gained 2.93 per cent to Rs 414 after approval by the board of directors of a two-for-one stock split and 3:1 issue of bonus shares. The board has also approved the sub-division of each existing equity share of the face value of Rs 2 into two equity shares of the face value of Rs 1 fully paid- up.

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The company’s authorised share capital will be increased to Rs 200 crore from Rs 75 crore. Also, three bonus equity shares were issued for every existing equity share held on a recorded date. Bonus shares are credited or dispatched bonus share within two months from the board of director approval by December 8, 2022.

Easy Trip Planners said, “the company and its subsidiaries have grown significantly in business and performance over the years. This is reflected in the share price of the company. As and when the stock price rises further, it will be increasingly difficult for small potential shareholders to partake in the company’s future.”

This company is an online travel platform which offers end-to-end travel solutions, which include hotel, air tickets, bus tickets, rail tickets, hotels and holiday packages.

On a consolidated basis, the net profit of Easy Trip Planner company zoomed 114.7 per cent to Rs 33.13 crore on a 179.7 per cent surge in net sales to Rs 87.58 crore in the first quarter of FY23 over the same period of last year.