Promoter Arm of Yatra Online Limited Sells 1.8% Stake in INR 45 Cr Bulk Deal According to bulk deal data, the promoter entity sold 28.33 lakh equity shares, representing 1.80% of Yatra's total equity.
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Shares of Yatra Online Limited witnessed activity on the exchanges on Tuesday after its promoter arm, THCL Travel Holding Cyprus Limited, pared a portion of its stake through a bulk deal.
According to bulk deal data, the promoter entity sold 28.33 lakh equity shares, representing 1.80% of Yatra's total equity. The shares were offloaded at an average price of INR 158.05 each, taking the transaction value to nearly INR 45 crore.
Before the sale, THCL Travel Holding Cyprus Limited held 9.01 crore shares in the company, equivalent to a 57.396% stake. Following the transaction, its holding declined to 8.72 crore shares, or 55.59%, indicating a modest reduction in promoter ownership.
On the financial front, Yatra reported revenue from operations of INR 257 crore in Q3 FY26, up from INR 235 crore in the corresponding quarter last year. However, net profit declined by 20% to INR 8 crore from INR 10 crore a year earlier.
At the close of Tuesday's trading session, the company's shares were trading at INR 155.78, down 3.76%. Its total market capitalisation stood at approximately INR 2,444 crore (around USD 265 million).
