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  1. Easy Trip Planners shares zoom 15%; check two key updates

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Easy Trip Planners shares zoom 15%; check two key updates

Upstox

2 min read | Updated on November 29, 2024, 11:22 IST

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SUMMARY

The company's press release added, "With EMT Desk, EaseMyTrip addresses the unique requirements of corporate clients. A dedicated travel manager oversees each account, providing strategic planning and budget analysis for efficient, cost-effective business travel."

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The stock is trading ex-bonus today as the company had fixed November 29 as the record date for determining shareholder eligibility.

The stock is trading ex-bonus today as the company had fixed November 29 as the record date for determining shareholder eligibility.

Easy Trip Planners: Shares of Easy Trip Planners (EaseMyTrip.com) zoomed as much as 14.95% to ₹18.76 apiece on the BSE on Friday, November 29, a day after the company unveiled EMT Desk, an all-in-one platform tailored to transform corporate travel. 
The company's press release added, "With EMT Desk, EaseMyTrip addresses the unique requirements of corporate clients. A dedicated travel manager oversees each account, providing strategic planning and budget analysis for efficient, cost-effective business travel."

"The platform’s Admin Panel simplifies expense tracking, report generation, and travel policy management, making administrative tasks seamless and ensuring financial transparency," the press release added.

Employee benefits include exclusive discounts on flights, premium hotel accommodations, and a centralized booking system designed to provide convenient, well-rounded travel options. Additionally, the EMT Desk streamlines corporate travel with 24x7 support, ensuring travel policy adherence and a 03-level approval matrix managed via email and WhatsApp, it further said. 

Commenting on the EMT Desk, Rikant Pittie, co-founder of EaseMyTrip, said, “The launch of EMT Desk aligns with our vision to create a more intelligent, seamless, and effective corporate travel experience. With EMT Desk, we are bridging the gap between online convenience and strategic corporate travel needs, ensuring businesses have the tools to plan, manage, and elevate their travel experiences in a way that is smart, steady, and smooth.”

The company added that EaseMyTrip first launched its Corporate Travel Business division in 2023, providing curated corporate programs with custom rates, volume discounts, and loyalty rewards.

Leveraging a network of global partners, the division offered dedicated account managers and analytics tools to help corporate clients manage expenses, ensure compliance, and identify savings.

"EMT Desk now builds on this foundation, underscoring EaseMyTrip’s commitment to enhancing business travel with comprehensive, user-friendly solutions for modern enterprises," it added. 

Meanwhile, in October, the company said its board had approved the issuance of bonus shares in the ratio of 1:1. The stock is trading ex-bonus today as the company had fixed November 29 as the record date for determining shareholder eligibility.

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