Yatra Online Limited — Others, 02-12-2024: Shareholders meeting

Yatra Online Limited has announced a board meeting on December 4, 2024, to seek shareholder approval via postal ballot for several key initiatives: a special resolution for remuneration to Non-Executive Independent Directors, and the re-appointments of Mr. Rohit Bhasin and Ms. Deepa Misra Harris as Independent Directors for a second term of five years starting March 16, 2025. The proposed remuneration for Non-Executive Independent Directors is INR 31.5 million per annum.

This move indicates the board's strategy to retain experienced leadership, enhancing governance and oversight, which may positively influence investor sentiment by ensuring stability amid financial challenges. The company's recent performance shows a commitment to profitability improvement through strategic initiatives, potentially turning investor focus toward long-term recovery prospects.