Nishant Pitti frees up 10 Cr EaseMyTrip shares from bank pledge

Nishant Pitti has freed up 10 crore EaseMyTrip shares from a bank pledge. This action means that a significant block of shares previously used as collateral for a loan has now been released, indicating that the underlying loan has either been repaid or restructured. The release of pledged shares is typically viewed positively by the market as it reduces potential selling pressure and signals improved financial health or liquidity for the promoter. This move enhances Nishant Pitti's financial flexibility and reflects positively on EaseMyTrip.