Easy Trip Planners Limited — Major Shareholding Notification 2021

Dec 20, 2021

20^th December, 2021

National Stock Exchange of India Limited Exchange Plaza, C-1 Block G Bandra Kurla Complex, Bandra (E) Mumbai - 400051 Email: takeover@nse.co.in

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001 Email: corp.relations@bseindia.com

Sub: Intimation under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ('Takeover Regulations') in respect of acquisition under Regulation $10(1)(a)(i)$ of Takeover Regulations

Dear Sir/Madam,

The intimation under Regulation 10(5) of Takeover Regulations in respect of the acquisition of shares of Easy Trip Planners Limited pursuant to Regulation $10(1)(a)(i)$ of the Takeover Regulations is enclosed.

Kindly take the above information on record.

Thanking you,

Yours faithfully, Prashant Pitti (Acquirer)

Date: 20^th December, 2021 Place: Delhi

Encl: As above.

Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under
Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.	Name of the Target Company (TC)		Easy Trip Planners Limited
2.	Name of the acquirer(s)		Mr. Prashant Pitti
3.	Whether the acquirer(s) is/are promoters of the TC prior to the transaction. If not, nature of relationship or association with the TC or its promoters		Yes. The disclosure pertains to inter-se transfer (by way of Gift) of shares between promoters who are also the immediate relatives.
4.		Details of the proposed acquisition
	a.	Name of the person(s) from whom shares are to be acquired	Mr. Nishant Pitti 1. Mr. Rikant Pittie 2.
	b.	Proposed date of acquisition	On or after 27 th December, 2021
	C.	Number of shares to be acquired from each person mentioned in $4(a)$ above	1,08,42,770 equity shares to be acquired by Mr. Prashant Pitti from the following members: 1. Mr. Nishant Pitti - 54,21,385 2. Mr. Rikant Pittie - 54,21,385
	d.	Total shares to be acquired as % of share capital of TC	Mr. Prashant Pitti will acquire 9.98% of the total share capital of the Company pursuant to gift from: 1. Mr. Nishant Pitti - 4.99% Mr. Rikant Pittie - 4.99%
	e.	Price at which shares are proposed to be acquired	NIL. Shares are proposed to be transferred by way of Gift. Therefore, no consideration is involved.
	f.	Rationale, if any, for the proposed transfer	Restructuring the shareholding between promoters.
5.		Relevant sub-clause of regulation $10(1)(a)$ under which the acquirer is exempted from making open offer	Clause(i): Immediate relatives
6.	If, frequently traded, volume weighted average market price for a period of 60 trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period		Not applicable as the shares are proposed to be transferred by way of Gift. Therefore, no consideration is involved.
7.		If in-frequently traded, the price as determined in terms of clause (e) of sub- regulation (2) of regulation 8.	Not applicable as the shares are proposed to be transferred by way of Gift. Therefore, no consideration is involved.
8.		Declaration by the acquirer, that the acquisition price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable.	Not applicable as the shares are proposed to be transferred by way of Gift. Therefore, no consideration is involved.

9. 10.	i. Declaration by the acquirer, that the transferor and transferee have complied (during 3 years prior to the date of proposed acquisition) / will comply with applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations, 1997) ii. The aforesaid disclosures made during previous 3 years prior to the date of proposed acquisition to be furnished.	Enclosed as "Annexure A"
	Declaration by the acquirer that all the conditions specified under regulation $10(1)(a)$ with respect to exemptions has been duly complied with.	Enclosed as "Annexure A"
11.	Shareholding details	Before the proposed transaction		After the proposed transaction
		No. of shares/ voting rights	$\%$ w.r.t. total share capital of TC	No. of shares/ voting rights	$\%$ w.r.t. total share capital of TC
	Acquirer(s) and PACs (other than sellers) $(*)$ a.	5,52,675	0.51	1,13,95,445	10.49
	TOTAL: Acquirer(s) and PACs (other than sellers)	5,52,675	0.51	1,13,95,445	10.49
	Seller $(s)$ 1. Mr. Nishant Pitti $\mathbf{b}$ . 2. Mr. Rikant Pittie	4,04,83,198 4,03,36,396	37.26 37.13	3,50,61,813 3,49,15,011	32.27 32.14
	TOTAL: Seller (s)	8,08,19,594	74.39	6,99,76,824	64.41

Note:

• (*) Shareholding of each entity may be shown separately and then collectively in a group.
• The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more $\bullet$ than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

Borl

Prashant Pitti
Date: 20^th December, 2021 Place: Delhi

DECLARATION BY ACQUIRER

This is with respect to the following proposed acquisition of shares by way of "Gift" inter-se, among the immediate relatives, within the Promoters and Promoter Group of the Company viz. Easy Trip Planners Limited (a company incorporated under the Companies Act, 1956, having its registered office at 223 Fie Patparganj Industrial Area East Delhi, Delhi-110092, India):

• Inter-se Transfer (by way of Gift) of 54,21,385 (4.99%) shares from Mr. Nishant Pitti $\mathbf{i}$ . to Mr. Prashant Pitti, being promoters of the Target Company; and
• Inter-se Transfer (by way of Gift) of 54,21,385 (4.99%) shares from Mr. Rikant Pittie ii. to Mr. Prashant Pitti, being promoters of the Target Company.

In this regard, the undersigned being the proposed transferee (acquirer), hereby declare that:

• a) the transferor and transferee have complied / will comply with applicable disclosure requirements in Chapter $V$ of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations 1997)
• b) all the conditions specified under regulation $10(1)(a)$ with respect to exemptions has been duly complied with.

Prashant Pitti (Acquirer) Promoter of Easy Trip Planners Limited Date: 20th December, 2021 Place: Delhi