EaseMyTrip Names New CTO and CMO; Board Clears ₹514 Cr Preferential Share Issue

EaseMyTrip Names New CTO and CMO; Board Clears ₹514 Cr Preferential Share Issue

EaseMyTrip Names New CTO and CMO; Board Clears ₹514 Cr Preferential Share Issue
Online travel platform EaseMyTrip has announced senior leadership changes alongside board approval for a ₹514.06 crore preferential share issue as part of its broader strategic expansion.

The company has appointed Sankalp Kaul as Chief Technology Officer, succeeding Naimish Sinha, who resigned citing personal reasons. Kaul brings more than 18 years of experience in large-scale tech transformation, ERP integration, and digital systems architecture across travel and technology enterprises.

EaseMyTrip has also named Manmeet Ahluwalia as Chief Marketing Officer. Ahluwalia, with over two decades of marketing and brand-building experience, previously led digital strategy and market expansion at Expedia in India and other regions.

Separately, the board has approved the issuance of 55.93 crore fully paid-up equity shares valued at ₹514.06 crore through a preferential allotment. The shares will be issued for consideration other than cash, subject to shareholder and regulatory approvals.

The proposed allotment will be made to seven non-promoter entities: Ashish Begwani, Sunil Jain, Dhankalash Distributors, Divyank Singhal, Levo Beauty, SSL Nirvana Grand Golf Developers, and Javaphile Hospitality.

This development comes amid earlier senior-level changes: in August 2025, co-founder Prashant Pitti stepped down as Managing Director to pursue new ventures, while Nishant Pitti assumed the role of Chairman and Managing Director and Vikas Bansal was appointed Whole-time Director.

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