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EaseMyTrip increases stake in Eco Hotels by 7.7%


Online travel aggregator EaseMyTrip has increased its stake in Eco Hotels and Resorts Limited by 7.77% through a rights issue. The board of Easy Trip Planners, the parent entity of EaseMyTrip, approved the investment in a meeting held on September 20, according to its stock exchange filing.

The company subscribed to 10 lakh equity shares at Rs 15.20 apiece, taking the total investment size to around Rs 15.2 crore. The subscription will be paid in tranches.

Eco Hotels, incorporated in 1987, operates in the hospitality sector with a focus on eco-friendly…



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