Certain Class A Non-Voting Shares of Yatra Online, Inc. are subject to a Lock-Up Agreement Ending on 17-SEP-2020.
September 16, 2020
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Certain Class A Non-Voting Shares of Yatra Online, Inc. are subject to a Lock-Up Agreement Ending on 17-SEP-2020. These Class A Non-Voting Shares will be under lockup for 91 days starting from 18-JUN-2020 to 17-SEP-2020.
Details:
The company and the directors and executive officers have agreed with the underwriters to certain lock-up restrictions in respect of our ordinary shares during the period ending 90 days after the date of the prospectus supplement.
Yatra Online, Inc. is an online travel company. The Company provides travel services to corporate and consumers. It allows leisure and business travelers to explore, research, compare prices and book a range of services catering to their travel needs through its Website and mobile applications, and other associated platforms. It operates through three segments: Air Ticketing, Hotels and Packages, and Other Services. Its services include domestic and international air ticketing on Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings and ancillary services within India. The Company also provides access through its platform to hotels, homestays, and other accommodations. Its applications include Yatra, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay. Its other services consist of rail tickets, bus tickets, taxi rentals and ancillary value-added services, such as travel insurance, visa processing and tickets for activities and attractions.