Your directors have pleasure in presenting the 18^th Annual Report together with the Audited Financial Statements (Standalone
and Consolidated) of Accounts of your Company for the Year ended 31^st March, 2026.

1. FINANCIAL RESULTS

I n compliance with the provisions of the Companies Act, 2013 ('Act'), and SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015 ('Listing Regulations') the Company has prepared its standalone and consolidated
financial statements as per Indian Accounting Standards ('Ind AS') for the Financial Year ('FY') 2025-26. The standalone
and consolidated financial highlights of the Company's operations are as follows:

2. STATE OF AFFAIRS

During the financial year under review, the Company
recorded Revenue from operations of ? 2,851.20
million on a standalone basis and ? 5,356.96 million on
a consolidated basis, as compared to ? 4,032.35 million
and ? 5,873.24 million, respectively, in the previous
financial year.

Further, during the financial year under review, the
Company recorded a Total Income of ? 3,289.10 million
on a standalone basis and ? 5,734.50 million on a
consolidated basis, as compared to ? 4,231.90 million
and ? 6,032.50 million, respectively, in the previous
financial year.

OVERVIEW

EaseMyTrip commenced its operations in 2008 with a
strong focus on the B2B2C (Business-to-Business-to-

Customer) segment, enabling travel agents across
India to access its platform for booking domestic
airline tickets and effectively serving the offline
travel market. Building on the robust foundation
of its B2B2C network, the Company expanded into
the B2C (Business-to-Customer) segment in 2011 to
cater directly to the evolving travel requirements of
India's growing middle-class population. In 2013, the
Company further diversified its business by entering
the B2E (Business-to-Enterprise) segment, offering
comprehensive, end-to-end travel management
solutions to corporate clients. Its presence across

these three distinct distribution channels has enabled
EaseMyTrip to establish a diversified customer base and
develop a comprehensive travel distribution ecosystem.

As on March 31, 2026, the Company offered customers

access to an extensive portfolio of travel services,
including bookings across more than 400 domestic

and international airlines, over 2.3 million hotels in
India and overseas, railway ticketing services covering
nearly all railway stations across the country, as well
as bus ticketing and taxi rental services in major cities.
Complementing its digital platform, EaseMyTrip had
also built one of the largest travel agent networks in
India, with over 75,500 registered travel agents across
key cities as on March 31, 2026, further strengthening
its nationwide distribution reach and customer
accessibility.

3. TRANSFER TO RESERVE

During the financial year under review, the Company
has transferred Nil (no share option outstanding) Mn
from Share Option Outstanding Account to General

Reserve.

The total General Reserve stands at f 2,082.14 million
on standalone basis whereas ? 1,890.36 million on
consolidated basis.

4. CHANGE IN THE NATURE OF BUSINESS

There has been no change in the nature of the business
of the Company. Your Company continues to be in the
business of Travel and Travel related services, and is
exploring business opportunities in Hospitality, Aviation,

Insurance Broking Sector and EV Manufacturing.

5. SHARE CAPITAL

As on March 31, 2026, the authorised share capital of
the Company stood at ?7,50,00,00,000/- (comprising of

7,50,00,00,000 equity shares of face value ?1/- each).
The paid-up equity share capital as at March 31, 2026,
was ? 3,63,68,53,188/- (comprising of 3,63,68,53,188
equity shares of face value ?1/- each).

During the financial year under review 2025-26, the

Company increased its authorised share capital from
?5,00,00,00,000/- (Rupees Five Hundred Crore Only),
divided into 5,00,00,00,000 equity shares of ?1/- each,
to ?7,50,00,00,000/- (Rupees Seven Hundred and Fifty

Crore Only), divided into 7,50,00,00,000 equity shares
of ?1/- each, pursuant to members' approval obtained
through a Postal Ballot on February 22, 2026.

PREFERENTIAL ISSUE

During the financial year under review, the Company
has issued 55,93,75,249 equity shares of ?1/- each
on a preferential basis, as approved by the members
through Special Resolution passed via postal ballot on
December 04, 2025.

Subsequently, after the end of the financial year

March 31, 2026, the Company has allotted 34,77,98,677
equity shares of face value ?1/- each, fully paid-up, on a
preferential basis at a price of ?9.19 per equity share,
which includes a premium of ?8.19 per share. The said
equity shares, allotted on May 26, 2026, rank pari-passu
with the existing equity shares of the Company.

BONUS ISSUE

During the financial year under review, the Company
did not issue any bonus equity shares.

Accordingly, there was no change in the paid-up share
capital of the Company on account of bonus issue
during the financial year.

6. EQUITY SHARES WITH DIFFERENTIAL RIGHTS
AND SWEAT EQUITY SHARES

The Company has not issued any equity shares with
differential rights as to dividend, voting, or otherwise,

nor has it issued any sweat equity shares during the
financial year under review.

7. DIVIDEND

During the financial year under review, the Board has
not recommended any dividend

DIVIDEND DISTRIBUTION POLICY

Pursuant to Regulation 43A of the Securities and

Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 ('SEBI
Listing Regulations'), the Board of the Company had
formulated a Dividend Distribution Policy ('the Policy').

The Policy is available on the Company's website URL:
https://www.easemvtrip.com/investor-pdf/Policv-for-
Dividend-Distribution.pdf

8. EMPLOYEES STOCK OPTION PLAN (ESOP)

During the financial year under review, the Company
did not grant or issue any Employee Stock Options
(ESOPs).

The Company, in compliance with the provisions of
Section 62(1 )(b) of the Companies Act, 2013, the

Securities and Exchange Board of India (Share Based
Employee Benefits and Sweat Equity) Regulations,
2021, and other applicable provisions, had approved
the "Easy Trip Planners - Employees Stock Option
Plan 2022" through a Special Resolution passed by
the Members at the Annual General Meeting held on
August 30, 2022. The validity of the said ESOP Plan was
subsequently extended through a Special Resolution
approved by the shareholders by way of Postal Ballot
on September 06, 2023.

The Company continues to explore appropriate
initiatives under the ESOP Plan to strengthen
employee participation and align their interests with
the Company's long-term growth objectives and

sustainable value creation.

9. QUALIFIED INSTITUTIONAL PLACEMENT

The Company has not issued any securities through
Qualified Institutions Placement (QIP) during the

financial year under review.

10. LISTING AT STOCK EXCHANGES

The Equity Shares of the Company are listed on BSE
Limited ("BSE") and National Stock Exchange of India
Limited ("NSE") (collectively referred to as "Stock
Exchanges").

Further, trading in the Equity Shares was not suspended

on the Stock Exchanges during the financial year under
review.

11. SUBSIDIARIES

(a) Consolidated Financial Statements

During the financial year under review, the Board
of Directors reviewed the affairs of the Company's
subsidiaries. The Consolidated Financial
Statements of the Company for the financial year
2025-26 have been prepared in accordance with
the provisions of the Companies Act, 2013 ("the
Act") and applicable Indian Accounting Standards
(Ind AS). The Consolidated Audited Financial
Statements, together with the Auditors' Report,
form part of this Annual Report. A report on
the performance and financial position of each
subsidiary is included in the Consolidated Financial
Statements and is provided in a separate section
of this Annual Report.

Pursuant to the first proviso to Section 129(3)

of the Act, read with Rule 5 and Rule 8(1) of the
Companies (Accounts) Rules, 2014, the salient
features of the financial statements, including
the performance and financial position of each
subsidiary, are disclosed in Form AOC-1, which is
annexed as Annexure A to this Report.

Further, in accordance with the provisions of
Section 136 of the Act, the Standalone Audited
Financial Statements, the Consolidated Audited

Financial Statements, along with relevant
documents, and the separate audited financial
statements of each subsidiary are available on the
Company's website at www.easemvtrip.com.

(b) Changes in Subsidiaries/ Associates / Joint
Venture Companies during the financial
year under review:

As on March 31, 2026, the Company has 19
(Nineteen) Direct Subsidiaries, 2 Step-down

Subsidiaries and 3 (Three) Associate Companies
within the meaning of Sections 2(87) of the

Companies Act, 2013 ("Act") and has 1 (One) Joint
Venture.

During the financial year under review, the
following changes have taken place in subsidiary /
associates / joint venture companies:

The Company has incorporated the following
Wholly Owned Subsidiary Company in India
namely:

EaseMyTrip Academy Private Limited as a direct
Wholly Owned subsidiary of the Company;

During the financial year under review, the
Company proposed the issuance of equity shares
on a preferential basis, which was approved by

the members of the Company by way of a Special
Resolution passed through postal ballot on

December 04, 2025.

Subsequently, after the close of the financial year
ended March 31, 2026, the Company allotted

34,77,98,677 equity shares of face value ?1/- each
on a preferential basis on May 26, 2026 to the
below mentioned companies:

• The Company has acquired 50% stake in Three
Falcons Notting Hill Ltd;

• The Company has acquired 49% stake in Levo
Beauty Private Ltd;

• The Company has acquired 49% stake in
SSL Nirvana Grand Golf Developers Private
Ltd; and

• The Company has acquired 49% stake in
Javaphile Hospitality Private Ltd.

There has been no material change in the nature
of the business of the Company's subsidiaries.

The policy for determining material subsidiaries
of the Company is available on the Company's
website URL:https://www.easemytrip.com/
investor-pdf/Policv-For-Determinino-Materiai-

Subsidiaries.pdf

Based upon the audited financial statements for
the financial year ended March 31, 2025, Yolobus
Private Limited was identified as a material
subsidiary of the Company in accordance with
the applicable provisions of the SEBI Listing
Regulations. Subsequently, based upon the
audited financial statements for the financial
year ended March 31, 2026, the Company has
two material subsidiaries, namely Spree Hotels
and Real Estate Private Limited and EaseMyTrip
MiddleEast DMCC.

Highlight of Performance of Subsidiaries,
Associate and Joint Ventures during
Financial Year 2025-26

During the financial year 2025-26, the Company's
subsidiaries, associates and joint ventures
continued to support the Group's long-term
growth strategy by strengthening its presence
across the travel, hospitality, technology and allied
sectors. These entities played an important role
in broadening the Company's business portfolio,
enhancing its service offerings and creating
strategic opportunities across domestic and
international markets.

The travel and mobility businesses within the
Group continued to focus on expanding their
customer base, improving operational efficiencies
and strengthening digital capabilities, while
the hospitality and other strategic investments
were directed towards creating long-term value
and expanding the Company's presence in
complementary business segments.

The Company's overseas subsidiaries continued
to facilitate its international operations by
strengthening its global footprint, supporting
cross-border business development and enabling
access to new markets. Collectively, the Group
entities remained aligned with the Company's
vision of building an integrated travel and tourism
ecosystem while pursuing sustainable growth and
operational excellence.

The financial performance and salient features of
the Company's subsidiaries, associates and joint
ventures are set out in the Consolidated Financial
Statements and Form AOC-1, which forms part of
this Annual Report.

Contribution to Overall Performance of
the Company during Financial Year 2025-26

The subsidiaries, associates and joint ventures of
the Company continued to contribute towards
strengthening the consolidated performance
of the Group during the financial year 2025-26.
Their collective efforts supported the Company
in enhancing operational capabilities, expanding
its market presence and creating synergies across
various business verticals.

The performance of these entities complemented
the Company's core operations and contributed
towards building a robust and diversified business
framework. Through effective collaboration,
operational integration and strategic alignment
with the Company's objectives, the Group
continued to focus on sustainable growth,
improved efficiencies and long-term value creation
for stakeholders.

12. SECRETARIAL STANDARDS

Pursuant to the provisions of Section 118 of the

Companies Act, 2013, the Company has complied with
the applicable Secretarial Standards issued by the
Institute of Company Secretaries of India (ICSI) and
notified by the Ministry of Corporate Affairs.

13. DEPOSITS

During the financial year under review 2025-26, the

Company has not accepted any deposits from the public
within the meaning of Section 73 of the Companies

Act, 2013, read with the Companies (Acceptance of
Deposits) Rules, 2014. Further, the Company does not

have any unclaimed or unpaid matured deposits or any
interest due thereon as on the date of this Report.

14. DIRECTORS AND KEY MANAGERIAL PERSONNEL (KMP)

As on March 31, 2026, the following individuals were serving as Directors on the Board of the Company and as Key

Managerial Personnel (KMPs):

Appointment/ Re-Appointment/ Cessation/ Change in

Designation

• Second consecutive term of appointment of
Mr. Satya Prakash and Justice Usha Mehra as
Independent Directors of the Company has
ended on July 01, 2025. Consequently, Mr. Satya
Prakash and Justice Usha Mehra have ceased to be
Independent Directors of the Company with effect
from July 02, 2025.

• Mrs. Neena Kumar was appointed as Independent
Director w.e.f July 01,2025.

• Mrs. Ruchi Ghanashyam was appointed as
Independent Director w.e.f July 01, 2025.

• Mr. Prashant Pitti has ceased to be the Managing
Director of the Company with effect from August
29, 2025 due to his resignation.

• Mr. Nishant Pitti was appointed as the Chairman
and Managing Director of the Company w.e.f
August 29, 2025.

• Mr. Vikas Bansal was appointed as Whole-time
Director w.e.f. August 29, 2025.

• Second consecutive term of appointment of
Mr. Vinod Kumar Tripathi as Independent Director
of the Company has ended on February 23, 2026.
Consequently, Mr. Vinod Kumar Tripathi has ceased
to be Independent Director of the Company with
effect from February 24, 2026

• Mr. Ajay Kumar Chauhan appointed as an
Independent Director w.e.f. 24^th February, 2026

In accordance with provisions of the Act and the Articles

of Association of the Company, Mr. Nishant Pitti,

Chairman & Managing Director (DIN: 02172265) is
liable to retire by rotation at this AGM and is eligible for
re-appointment.

Profile and other information of Mr. Nishant Pitti
as required under Regulation 26, Regulation 36 of
SEBI (Listing Obligations & Disclosure Requirements)

Regulations, 2015 and Secretarial Standard - 2 is given
as an Annexure to the Notice convening this Annual
General Meeting.

15. INDEPENDENT DIRECTORS' DECLARATION

As on March 31, 2026, the following individuals served

as Independent Directors on the Board of the Company:

1. Mr. Ajay Kumar Chauhan

2. Mrs. Neena Kumar

3. Mrs. Ruchi Ghanashyam

During the financial year under review, there were no
appointments or resignations of Independent Directors
except as mentioned in point 14.

Pursuant to the provisions of Section 149 of the
Companies Act, 2013, and Regulation 25 of the SEBI
(Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("Listing Regulations"), the
Independent Directors have submitted declarations
confirming that they meet the criteria of independence
as prescribed under Section 149(6) of the Act, read with
the applicable rules, and Regulation 16(1 )(b) of the
Listing Regulations.

Further, in accordance with Regulation 25(8) of the
Listing Regulations, the Independent Directors have

confirmed that they are not aware of any circumstance

or situation which exists or may reasonably be
anticipated that could impair or impact their ability
to discharge their duties with objective independent
judgment and without any external influence.

Additionally, all Independent Directors have
submitted declarations of compliance with Rule 6(3)
of the Companies (Appointment and Qualification of
Directors) Rules, 2014, as amended by the Ministry of
Corporate Affairs (MCA) Notification dated October 22,
2019, pertaining to their enrollment in the Independent
Directors' Data Bank maintained by the MCA.

In terms of the provisions of the Companies Act, 2013,

a meeting of the Independent Directors was held on
March 18, 2026, which was attended by all Independent
Directors.

In compliance with the requirements under the Listing

Regulations, the Company has established a structured
framework for the Familiarization Programme for
Independent Directors. This programme is aimed

at familiarizing them with their roles, rights, and
responsibilities as Directors, the nature of the industry
in which the Company operates, the Company's
business model, and other relevant matters.
Details of the familiarization programmes conducted
during the financial year under review are provided in
the Corporate Governance Report and are also available
on the Company's website at www.easemytrip.com.

16. BOARD EVALUATION

Pursuant to the provisions of the Companies Act,
2013 and the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, the Board of

Directors, at its meeting held on 30^th May, 2026, carried
out the annual performance evaluation of the Board
as a whole, individual Directors, and the functioning
of its committees, including the Audit Committee,

Nomination and Remuneration Committee, and other
Committees of the Board.

The methodology and criteria for the evaluation, along
with the outcomes, are detailed in the Corporate
Governance Report, which forms part of this Annual

Report.

The link to the board evaluation policy ishttps://

www.easemvtrip.com/investor-pdf/2023/

Board-Evaluation-Policy.pdf.

17. COMMITTEES OF BOARD

The Company has constituted the following Committees
as mandated under the Companies Act, 2013 and the
SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, along with the applicable rules
framed thereunder:

(A) Audit Committee;

(B) Nomination and Remuneration Committee (NRC);

(C) Stakeholders Relationship Committee (SRC);

(D) Risk Management Committee (RMC);

(E) Corporate Social Responsibility Committee

(CSR); and

(F) Sexual Harassment Committee (SHC).

The detailed composition, terms of reference, and
functioning of these Committees are provided in the
Corporate Governance Report, which forms an integral
part of this Annual Report.

18. VIGIL MECHANISM AND WHISTLE BLOWER
POLICY:

Pursuant to the provisions of Section 177(9) of the
Companies Act, 2013, and Regulation 22 of the SEBI
(Listing Obligation and Disclosures Requirement)

Regulations 2015 the Company has established a Vigil
Mechanism / Whistle Blower Policy for its Directors
and employees to provide a framework for reporting

genuine concerns relating to any actual or suspected
instances of misconduct, violation of applicable laws,
regulations, or the Company's policies, or any other
matter that may be detrimental to the Company's
interests.

The Policy provides appropriate channels for Directors
and employees to report their concerns and ensures
that such matters are reviewed and addressed in a fair
and transparent manner. The Policy also provides direct
access to the Chairperson of the Audit Committee in
appropriate circumstances.

During the financial year under review, no complaints
were received under the Whistle Blower Policy.

The Whistle Blower Policy is available on the
Company's website and can be accessed at:https://
www.easemytrip.com/investor-pdf/WHISTLE-BLOWER-
POLICY 1.pdf

19. NOMINATION AND REMUNERATION POLICY

The Nomination and Remuneration Committee is
responsible for evaluating and identifying suitable
candidates for appointment as Directors, Key Managerial
Personnel (KMP), and Senior Management Personnel
of the Company. In carrying out this responsibility, the
Committee considers individuals with high standards of
integrity, relevant qualifications, expertise, experience,
and leadership capabilities commensurate with the
requirements of the respective roles. The Committee
also ensures compliance with the applicable eligibility
criteria relating to age, qualifications, and other
prescribed requirements under the Companies Act,
2013 and other applicable laws and regulations.

In accordance with the provisions of Section 178 of

the Companies Act, 2013, the Board has adopted a
comprehensive Nomination and Remuneration Policy
based on the recommendations of the Nomination
and Remuneration Committee. The Policy sets out the

framework and guiding principles for the selection,
appointment, evaluation, and remuneration of
Directors, KMPs, and Senior Management Personnel of
the Company.

The Nomination and Remuneration Policy of the
Company is available on the website and can be accessed
at the following URL:https://www.easemytriD.com/
investor-pdf/Nomination-and-Remuneration-Policy-

20mar.pdf

20. WEB LINK OF ANNUAL RETURN

The Annual Return of the Company as on the financial
year ended on March 31, 2026 in terms of Section 92

and Section 134 of the Act is available on the website
of the Company at:https://www.easemvtrip.com/
investor-relations.html

21. IEPF

During the financial year under review, the Company
was not required to transfer any funds and equity
shares to the investor education and protection fund as
per the provisions of Section 125 of the Act.

The details of unpaid/ uncashed dividend lying in
the unpaid dividend account up to the year are
available on the website of the company at:https://
www.easemvtriD.com/investor-relations.html

22. AUDIT REPORT AND AUDITORS
STATUTORY AUDITORS

M/s. Walker Chandiok & Co. LLP, Chartered Accountants
(Firm Registration No. 001076N/N500013) continue
to act as the Statutory Auditors of the Company for
the term approved by the Members at the 16^th Annual
General Meeting held on September 28, 2024, for
a period of five (5) consecutive years, i.e., from the
conclusion of the 16^th Annual General Meeting until the
conclusion of the 21^st Annual General Meeting to be
held in the year 2029.

The Statutory Auditors have confirmed their eligibility

to continue as Auditors of the Company in accordance
with the provisions of Section 141 of the Companies

Act, 2013 and the Rules framed thereunder. They have
further confirmed that they hold a valid certificate
issued by the Peer Review Board of the Institute of
Chartered Accountants of India, in compliance with
the requirements of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.

The Report of the Statutory Auditors on the financial

statements for the financial year under review forms part
of this Integrated Report and Annual Accounts. The said
Report does not contain any qualification, reservation,
adverse remark, or disclaimer. The observations made
by the Statutory Auditors, if any, read together with the
relevant Notes to Accounts, are self-explanatory and do
not require any further explanation.

SECRETARIAL AUDITOR

In accordance with the provisions of Section 204 of the

Companies Act, 2013 and the Rules made thereunder,
read with Regulation 24A of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015, the
Members of the Company at the 17^th Annual General
Meeting held on September 29, 2025, approved the
appointment of M/s. SMD & Co., Company Secretaries
(Unique Identification Number: S2023HR924000), a
peer-reviewed firm of Company Secretaries in Practice,
as the Secretarial Auditors of the Company for a term
of five (5) consecutive years, to hold office from the
conclusion of the 17^th Annual General Meeting until the
conclusion of the 22^nd Annual General Meeting to be
held in the year 2030.

The Secretarial Auditors have submitted their report,
confirming that the Company has complied with all
applicable provisions of corporate laws. The report does
not contain any qualification, reservation, disclaimer, or
adverse remark.

The Secretarial Audit Report and the Secretarial
Compliance Report are annexed to this Report as
Annexure-B.

The material unlisted subsidiary of the Company,
Yoiobus Private Limited, has also undergone Secretarial
Audit for the Financial Year 2025-26 in accordance with
Section 204 of the Companies Act, 2013 and Regulation
24A of the SEBI Listing Regulations. Accordingly, the
Secretarial Audit Report of Yoiobus Private Limited for
FY 2025-26, issued by M/s. Jain Pankaj & Associates,
Company Secretaries in Practice (Firm Registration
No. 23887), is annexed herewith. The said report is
self-explanatory and does not contain any qualification,
reservation, adverse remark or disclaimer of opinion.

INTERNAL AUDITOR

The Company appointed M/s. Crowe Advisory Services
(India) LLP (LLPIN: AAO-5909), Chartered Accountants,

Mumbai, as the Internal Auditor of the Company for the
financial year 2025-26 to carry out the internal audit
of the Company in accordance with the provisions of
Section 138 of the Companies Act, 2013 and the rules

made thereunder.

23. COST RECORDS AND AUDIT

The maintenance of cost records and the requirement
of cost audit as prescribed under the provisions of
Section 148(1) of the Companies Act, 2013, are not

applicable to the business activities carried out by the
Company.

24. DETAILS OF FRAUD REPORTED BY AUDITOR

During the financial year under review, no instances
of fraud were reported by the Statutory Auditors or
the Secretarial Auditor to the Audit Committee under
the provisions of Section 143(12) of the Companies
Act, 2013, involving any officer or employee of the
Company. Accordingly, no disclosure in this regard is
required to be made in the Board's Report.

25. PARTICULARS OF LOANS, GUARANTEES OR
INVESTMENT

The details of loans, guarantees, and investments
covered under the provisions of Section 186 of the

Companies Act, 2013 are provided in the financial
statements for the year ended March 31, 2026, which
form part of this Annual Report.

26. CONTRACTS AND ARRANGEMENTS WITH
RELATED PARTIES

During the financial year under review, all contracts,
arrangements, or transactions entered into by the
Company with related parties were on an arm's length
basis and in the ordinary course of business, and were
in compliance with the applicable provisions of the
Companies Act, 2013.

Form AOC-2, pursuant to Section 134(3)(h) of the
Companies Act, 2013 read with Rule 8(2) of the
Companies (Accounts) Rules, 2014, is provided in

Annexure-C to this Report.

The Company has implemented robust processes and
procedures for the identification and monitoring of
related parties and related party transactions. The Policy
on Related Party Transactions, which ensures proper
reporting, approval, and disclosure procedures for such
transactions, is available on the Company's website
at: https://www. easemvtriD.com/investor-Ddf/2023/

Reiated-Partv-Transactions-Policv.pdf

27. MATERIAL CHANGES AND COMMITMENTS, IF
ANY, AFFECTING THE FINANCIAL POSITION
OF THE COMPANY WHICH HAVE OCCURRED
BETWEEN THE END OF THE FINANCIAL YEAR
OF THE COMPANY TO WHICH THE FINANCIAL
STATEMENTS RELATE AND THE DATE OF THE
REPORT

There have been no significant material changes and
commitments affecting the financial position of the
Company between the end of the financial year to
which the financial statements relate and the date of
this Report.

28. CONSERVATION OF ENERGY, TECHNOLOGY
ABSORPTION AND FOREIGN EXCHANGE
EARNINGS & OUTGO

Pursuant to the provisions of Section 134(3)(m) of
the Companies Act, 2013, read with Rule 8(3) of the
Companies (Accounts) Rules, 2014, the particulars
relating to conservation of energy, technology

absorption, and foreign exchange earnings and outgo
are provided in Annexure-D to this Report and form an
integral part thereof.

Considering the nature of its business in the Travel and
Tourism industry, the Company does not undertake
activities involving significant technology absorption

or incur substantial expenditure on research and
development. Accordingly, the disclosures relating to

technology absorption and other particulars prescribed
under the aforesaid provisions are not applicable to
the Company. Nevertheless, the Company remains
committed to adopting sustainable practices and
continues to undertake initiatives aimed at efficient
energy utilisation and optimisation of energy
consumption across its operations.

29. RISK MANAGEMENT POLICY

Pursuant to the provisions of Section 134(3)(n) of

the Companies Act, 2013, and Regulation 21 read
with Schedule II of, part D of SEBI (Listing Obligation
and Disclosures Requirement), Regulation 2015 the

Company has established a robust Risk Management
Framework to identify, evaluate, monitor, and mitigate
risks that may impact its business objectives, operations,
or long-term sustainability. The Board has identified
key risks that, in its opinion, could potentially affect the
Company's growth and continued success and has put
in place appropriate measures to address such risks.

The Company's risk management process encompasses
the systematic identification, assessment, prioritization,
monitoring, and mitigation of strategic, operational,
financial, regulatory, and other business risks.
The framework also enables the Company to proactively
identify emerging opportunities while minimizing the
likelihood and impact of potential adverse events.

The Board of Directors, through periodic reviews,
oversees the effectiveness of the Risk Management

Framework and ensures that the management adopts
a structured and proactive approach towards managing
risks. Significant risks identified during the course of

business are continuously monitored, and appropriate
mitigation strategies are implemented to strengthen
the Company's resilience and support sustainable
growth.

The Company's Risk Management Policy is available
on its website at:https://www. easemvtrip.com/
investor-pdf/2022/Risk-Manaaement-Policv-20-12-22.
pdf?v=1

30. CORPORATE SOCIAL RESPONSIBILITY (CSR)

The Company has undertaken its Corporate Social
Responsibility (CSR) initiatives through the EaseMyTrip

Foundation, with a focus on creating meaningful

social impact across diverse areas, including
environmental sustainability, heritage conservation,
promotion of art and culture, healthcare, education,
women empowerment, animal welfare, and sports
development. Through these initiatives, the Company
aims to contribute towards the well-being of
communities and support sustainable development.

The Company considers CSR an integral part of
its business philosophy and remains committed
to conducting its operations in a responsible and
sustainable manner while creating value for its
stakeholders. In accordance with the provisions of
Section 135 of the Companies Act, 2013, read with
Schedule VII thereto, the Board of Directors has
constituted a CSR Committee and has adopted a
comprehensive CSR Policy outlining the framework and
guiding principles for undertaking CSR activities.

The CSR Policy of the Company is available on its website
at: https://www.easemytrip.com/investor-pdf/2024/

CorDorate-Social-ResDonsibilitv-Policv.Ddf

For the financial year 2025-26, the Company's CSR
obligation amounted to ?3,29,96,514/-, out of which
the Company contributed ?3,29,96,514/- towards CSR
activities through its implementing agency, EaseMyTrip

Foundation, and direct contributions made by the
Company. The Annual Report on CSR activities for

the financial year ended March 31, 2026, along with
the composition of the CSR Committee, is provided in
Annexure-E to this Report.

31. MANAGEMENT'S DISCUSSION AND ANALYSIS

In accordance with the provisions of Regulation
34(2) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, the Management

Discussion and Analysis Report forms an integral part
of this Integrated Annual Report.

32. BOARD POLICIES

The details of the policies approved and adopted by
the Board as required under the Act and Securities and
Exchange Board of India (SEBI) regulations are provided
in Annexure-F to the Board's report.

33. CORPORATE GOVERNANCE REPORT

Pursuant to the provisions of Regulation 34(3) read

with Schedule V of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, the

Report on Corporate Governance for the financial
year 2025-26 forms an integral part of this Integrated
Annual Report.

34. NUMBER OF MEETINGS OF THE BOARD

The Board of Directors met Twelve (12) times during

the financial year under review. The details of these
meetings, including the dates and attendance of
Directors, are provided in the Corporate Governance
Report, which forms part of this Integrated Annual
Report. The maximum interval between any two
consecutive Board meetings did not exceed 120 days,
thereby complying with the requirements prescribed
under the Companies Act, 2013.

35. BUSINESS RESPONSIBILITY AND

SUSTAINABILITY REPORT (BRSR)

Pursuant to the requirements of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations,
2015, the Business Responsibility and Sustainability
Report (BRSR), setting out the Company's performance

and initiatives across key Environmental, Social, and
Governance (ESG) parameters, forms an integral part of
this Annual Report.

36. PARTICULARS OF EMPLOYEES

Pursuant to Section 197 of the Companies Act, 2013,

read with Rule 5(1) of the Companies (Appointment
and Remuneration of Managerial Personnel) Rules,
2014, the requisite details are provided in Annexure-G

to this Report.

Further, in accordance with Rule 5(2) of the said Rules,

a statement containing the names and other particulars
of the top ten employees in terms of remuneration
drawn, as well as details of employees receiving
remuneration in excess of the prescribed limits, is not
applicable in this financial year.

37. INTERNAL FINANCIAL CONTROL & ITS
ADEQUACY

During the financial year under review, the
Management engaged M/s. ADMS & Co., Chartered
Accountants, to assist in updating the Company's
Risk Control Matrix (RCM) and to conduct testing of
the design and operating effectiveness of internal
controls. The updated RCM, together with the results
of the control testing, was reviewed and adopted by
the Management and subsequently shared with the
Statutory Auditors for their independent evaluation.

The Statutory Auditors reviewed the RCM and the

outcomes of the control testing and provided their
observations, which were duly considered by the Board.

The updated RCM is expected to further strengthen the

Company's internal control framework by enhancing
risk management processes, improving operational
efficiency, and reinforcing governance practices.

Based on the evaluation of the internal financial
controls and the reports of the Management and the
Statutory Auditors, no material weaknesses in the
design or operating effectiveness of the Company's
internal financial controls were identified during the
financial year. Accordingly, the Board is of the opinion
that the Company's internal financial controls are
adequate, commensurate with the nature and size of
its business, and are operating effectively.

38. DETAILS OF SIGNIFICANT AND MATERIAL
ORDERS PASSED BY THE REGULATORS,
COURTS AND TRIBUNALS

During the financial year under review, no significant or
material orders were passed by any regulators, courts,
or tribunals which would impact the going concern
status of the Company or its future operations.

39. PREVENTION OF SEXUAL HARASSMENT AT
WORKPLACE

The Company has adopted a comprehensive Prevention
of Sexual Harassment (POSH) Policy in accordance with
the provisions of the Sexual Harassment of Women
at Workplace (Prevention, Prohibition and Redressal)
Act, 2013 and the Rules framed thereunder. The Policy
is applicable to all employees of the Company and
its subsidiaries, including permanent, contractual,
temporary, and trainee personnel.

The Company remains committed to fostering
a safe, inclusive, and respectful workplace that
upholds the dignity of every individual and is free
from discrimination, harassment, and intimidation.
To reinforce this commitment, the Company regularly
conducts awareness, sensitization, and training
programmes to educate employees on the provisions
of the Act and promote a culture of mutual respect and
accountability.

In compliance with the statutory requirements, the
Company has duly constituted Internal Committees

(ICs) at all applicable locations to receive, inquire into,
and redress complaints relating to sexual harassment.
The Company has complied with all applicable
provisions of the Act concerning the constitution and
effective functioning of these Committees.

During the financial year under review, no complaints
of sexual harassment were received by the internal
Committees.

40. COMPLIANCE WITH THE PROVISIONS OF
MATERNITY BENEFIT ACT 1961

During the year under review, the Company has made
compliance with the applicable provisions of the
Maternity Benefit, Act 1961.

41. DETAILS OF APPLICATION MADE OR
ANY PROCEEDING PENDING UNDER THE
INSOLVENCY AND BANKRUPTCY CODE, 2016

During the financial year under review, no application
was made by the Company, nor is any proceeding
pending against the Company under the Insolvency and
Bankruptcy Code, 2016.

42. CYBER SECURITY

During the year, Cyber Security and related risks were

reviewed by the Risk Management Committee and
necessary actions were taken to mitigate any risk
associated with Cyber Security.

43. OTHER DISCLOSURES

During the financial year under review, the requirement

to disclose details of any difference between the
valuation conducted at the time of a one-time
settlement and the valuation carried out for obtaining
loans from banks or financial institutions, along with
the reasons for such difference, is not applicable to the
Company.

44. DIRECTOR'S RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Companies Act, 2013,

the Directors, to the best of their knowledge and belief,
confirm that:

a) in the preparation of the annual accounts for
the year ended March 31, 2026, the applicable
accounting standards had been followed, along
with proper explanation relating to material
departure(s), if any;

b) the Directors have selected such accounting
policies and applied them consistently and made
judgements and estimates that are reasonable
and prudent, so as to give a true and fair view of
the state of affairs of the Company as at the end
of the financial year ended March 31, 2026 and of
the profit of the Company for that period;

c) the Directors have taken proper and sufficient
care for the maintenance of adequate accounting
records in accordance with the provisions of this
Act for safeguarding the assets of the Company
and for preventing and detecting fraud and other
irregularities;

d) the Directors have prepared the annual accounts
on a 'going concern' basis;

e) the Directors have laid down internal financial
controls to be followed by the Company and such

internal financial controls are adequate and are
operating effectively; and

f) the Directors have devised proper systems to

ensure compliance with the provisions of all
applicable laws and that such systems were
adequate and operating effectively.

ACKNOWLEDGMENT

The Board of Directors wishes to place on record
its deep and sincere appreciation to the Company's
bankers, business associates, consultants, and various
Government authorities for their steadfast support and
cooperation extended to the Company's operations
during the financial year under review. The Board
also conveys its profound gratitude to the esteemed
shareholders for their enduring trust, confidence,
and encouragement, which continue to inspire and
strengthen the Company's journey towards sustained
growth and excellence.

For and on behalf of the Board
Easy Trip Planners Limited

Nishant Pitti

Date: September 01, 2026 Chairman

Place: New Delhi DIN: 02172265