EaseMyTrip, one of India's leading online travel platforms, has announced a significant leadership transition with Prashant Pitti stepping down as Managing Director (MD). Effective August 29, 2025, Nishant Pitti has been appointed as the Chairman and Managing Director (CMD), pending shareholder approval. This reshuffle marks the second major leadership change at EaseMyTrip this year.

Nishant Pitti, a co-founder of the company and a board member since 2008, is set to take on this expanded role. He previously served as the CEO of EaseMyTrip before resigning earlier in 2025 for personal reasons. In January 2025, Rikant Pitti, his brother, replaced him as CEO. Nishant's return to a more prominent position is expected to bring a renewed focus on scaling operations and strengthening the company's strategic vision in the competitive travel-tech sector.

Prashant Pitti's resignation comes as he intends to dedicate more time to mentoring young startups, pursuing entrepreneurial ventures, and contributing to public-good initiatives like urban traffic solutions. While stepping down as MD, he will continue to be a promoter and long-term shareholder of EaseMyTrip.

In his statement, Nishant Pitti expressed his enthusiasm for his new role. He stated that becoming the CMD allows him to collaborate more closely with the teams, explore new opportunities, achieve milestones, and solidify EaseMyTrip's position as a leading travel-tech brand in India. He also highlighted the company's evolving vision, which includes expanding into a broader ecosystem of services beyond travel, leveraging its strong brand equity and customer loyalty.

The company has also reiterated its commitment to shareholders, confirming that all promoters will continue to draw zero salary. This move is intended to demonstrate the long-term alignment of interests between promoters and investors, reinforcing a message of financial discipline and a focus on sustainable growth while diversifying into complementary business areas.

The leadership changes come after EaseMyTrip's disappointing financial results, where its revenue decreased by 25.5% to ₹114 crore in Q1 FY26 from ₹153 crore in Q1 FY25. The company's profit after tax (PAT) also fell 98.7% to ₹44 lakh in Q1 FY26 compared to ₹34 crore in Q1 FY25.

Adding to the series of shifts, Vikas Bansal has been appointed as a Whole-time Director. The company's board has also approved the appointment of SMD & Co. as Secretarial Auditor for a two-year term and amendments to the company's Memorandum of Association.

Nishant Pitti had previously attempted to sell his remaining 14% stake through block deals but managed to offload only 1.4%. Despite this partial sale, the company has affirmed that no further promoter shares will be sold, reflecting strong promoter confidence.

Following the announcement of these leadership changes, EaseMyTrip shares traded 1.42% lower at ₹8.36. Market analysts suggest that the leadership shift, combined with EaseMyTrip's diversification plans, could position the company to capture new opportunities in India's rapidly growing digital services market.