Alpha Tribe

Easy Trip Planners LimitedImportant, 17-04-2025: General Updates

17-04-2025 · 02:21 pm

The Directorate of Enforcement conducted a search at EaseMyTrip's office premises as part of a broader operation involving multiple entities. The company clarified that it has no ties to the Mahadev Betting App or similar platforms and is fully cooperating with authorities during the investigation. Importantly, no incriminating documents were found, and there was no seizure from the premises. The search, conducted under the Prevention of Money Laundering Act, 2002, is not expected to materially affect EaseMyTrip's financials or operations. Investors may view this as a non-issue, maintaining a positive outlook as the company continues its focus on core business activities.

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