Your directors have pleasure in presenting the 17^th Annual Report together with the Audited Financial Statements (Standalone
and Consolidated) of Accounts of your Company for the Year ended 31^st March, 2025.

1. FINANCIAL RESULTS

I n compliance with the provisions of the Companies Act, 2013 ('Act'), and SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015 ('Listing Regulations') the Company has prepared its standalone and consolidated
financial statements as per Indian Accounting Standards ('Ind AS') for the Financial Year ('FY') 2024-25. The standalone
and consolidated financial highlights of the Company's operations are as follows:

2. STATE OF AFFAIRS

During the financial year under review, your Company
has achieved a Standalone Revenue from operations of
' 4,032.35 million as against ' 4,815.25 million in the
previous year. Profit before tax is ' 1,374.97 million
as against ' 2,326.13 million for the previous year.
Total comprehensive income of the year is ' 1,118.92
million as against ' 1,193.44 million for the previous
year.

During the financial year under review, your Company
has achieved a Consolidate Revenue from operations

of ' 5,873.24 million as against ' 5,905.76 million in
the previous year. Profit before tax is ' 1,429.82 million
as against ' 2,150.63 million for the previous year.
Total comprehensive income attributable to equity
holders of the parent of the year is ? 1,157.89 million as
against ' 1,028.09 million for the previous year.

OVERVIEW

EaseMyT rip commenced operations in 2008 by focusing
on the B2B2C (business to business to customer)
distribution channel and providing travel agents access
through their website to book domestic travel airline

tickets in order to cater to the offline travel market
in India. Subsequently, by leveraging their B2B2C
channel, they commenced operations in the B2C
(business to customer) distribution channel in 2011
by primarily focusing on the growing Indian middle
class population's travel requirements. Consequently,
due to their presence in the B2B2C and B2C channels,
they were able to commence operations in the B2E
(business to enterprise) distribution channel in 2013
with the aim of providing end-to-end travel solutions
to corporates. Their presence in 3 distinct distribution
channels provides them with a diversified customer
base and wide distribution network.

As of March 31, 2025, the Company provided

customers with access to more than 400 international
and domestic airlines, more than 2.9 million hotels in
India and international jurisdictions, almost all the
railway stations in India as well as bus tickets and taxi
rentals for major cities in India. Further, EaseMyTrip also
had the largest network of travel agents with 72,000
registered travel agents across almost all major cities in
India as of March 31, 2025.

3. TRANSFER TO RESERVE

During the financial year under review, the Company
had no outstanding Share Option balances and did not
transfer any amount to the General Reserve.

The total General Reserve stands at ' 2,493.16 million
on standalone basis whereas ' 2,216.82 million on
consolidated basis.

4. CHANGE IN THE NATURE OF BUSINESS

There has been no change in the nature of the business
of the Company. Your Company continues to be in
the business of Travel and Travel related services,
and is exploring business opportunities in Hospitality,

Aviation, Insurance Broking Sector, EV Manufacturing
and Foreign Exchange Money Changer.

5. SHARE CAPITAL

As on March 31, 2025, the authorised share capital of
the Company stood at ?5,00,00,00,000/- (comprising of

5,00,00,00,000 equity shares of face value ?1/- each).
The paid-up equity share capital as at March 31, 2025,
was ?3,54,40,81,236/- (comprising of 3,54,40,81,236
equity shares of face value ?1/- each).

During the financial year under review, the
Company increased its authorised share capital from
?2,50,00,00,000/- (Rupees Two Hundred Fifty Crore

Only), divided into 2,50,00,00,000 equity shares of ?1/-
each, to ?5,00,00,00,000/- (Rupees Five Hundred Crore
Only), divided into 5,00,00,00,000 equity shares of ?1/-

each, pursuant to member's Special Resolution dated
November 14, 2025 passed through Postal Ballot.

PREFERENTIAL ISSUE

During the financial year under review, the Company
has issued 12,84,47,034 equity shares of ?1/- each

on a preferential basis, as approved by the members
through Special Resolution passed via postal ballot on
January 07, 2025.

Subsequently, after the end of the financial year
March 31, 2025, the Company has allotted 9,27,71,952*
equity shares of face value ?1/- each, fully paid-up,
on a preferential basis at a price of ?18.22 per equity
share, which includes a premium of ?17.22 per share
consideration of which has been received by way of
equity swap.

* Please refer to our Stock Exchange disclosure dated
April 12, 2025 and July 9, 2025.

BONUS ISSUE

During the financial year under review, the Company
issued bonus equity shares of ?1/- (Rupee One Only)
each to eligible members in the proportion of 1 (one)
equity share for every 1 (one) existing equity share
held by them, as approved by the members through
an Ordinary Resolution passed via postal ballot on
November 14, 2024.

Consequently, the paid-up share capital of the
Company increased from ?1,77,20,40,618/- (comprising
of 1,77,20,40,618 equity shares of ?1/- each) to

?3,54,40,81,236/- (comprising of 3,54,40,81,236 equity
shares of ?1/- each).

6. EQUITY SHARES WITH DIFFERENTIAL RIGHTS
AND SWEAT EQUITY SHARES

The Company has not issued any equity shares with
differential rights as to dividend, voting, or otherwise,

nor has it issued any sweat equity shares during the
financial year under review.

7. DIVIDEND

During the financial year under review, the Board has
not recommended any dividend

DIVIDEND DISTRIBUTION POLICY

Pursuant to Regulation 43A of the Securities and

Exchange Board of India (Listing Obligations and

Disclosure Requirements) Regulations, 2015 ('SEBI

Listing Regulations'), the Board of the Company had
formulated a Dividend Distribution Policy ('the Policy').

The Policy is available on the Company's website URL:
https://www.easemytrip.com/investor-pdf/Policy-for-
Dividend-Distribution.pdf

8. employees stock option plan (esop)

During the financial year under review, the Company
has not issued any Employee Stock Options (ESOPs)
However, in compliance with the provisions of Section
62(1)(b) of the Companies Act, 2013, the Securities
and Exchange Board of India (Share Based Employee
Benefits and Sweat Equity) Regulations, 2021, and
other applicable provisions, if any, the Company had
approved the "Easy Trip Planners - Employees Stock
Option Plan 2022" through Special Resolution passed
by the members at the Annual General Meeting held
on August 30, 2022. The validity of the said ESOP Plan
was further extended by way of Special Resolution
passed by the shareholders through Postal Ballot on
September 06, 2023.

9. QUALIFIED INSTITUTIONAL PLACEMENT

The Company has not issued any securities through
Qualified Institutions Placement (QIP) during the

financial year under review.

10. LISTING AT STOCK EXCHANGES

The Equity Shares of the Company are listed on BSE
Limited ("BSE") and National Stock Exchange of India
Limited ("NSE") (collectively referred to as ("Stock

Exchanges").

Further, trading in the Equity Shares was not suspended

on the Stock Exchanges during the financial year under
review.

11. SUBSIDIARIES

(a) Consolidated Financial Statements

During the financial year under review, the Board
of Directors reviewed the affairs of the Company's
subsidiaries. The Consolidated Financial
Statements of the Company for the financial year
2024-25 have been prepared in accordance with
the provisions of the Companies Act, 2013 ("the
Act") and applicable Indian Accounting Standards
(Ind AS). The Consolidated Audited Financial
Statements, together with the Auditors' Report,
form part of this Annual Report. A report on
the performance and financial position of each
subsidiary is included in the Consolidated Financial

Statements and is provided in a separate section
of this Annual Report.

Pursuant to the first proviso to Section 129(3)

of the Act, read with Rule 5 and Rule 8(1) of the
Companies (Accounts) Rules, 2014, the salient
features of the financial statements, including
the performance and financial position of each
subsidiary, are disclosed in Form AOC-1, which is
annexed as Annexure A to this Report.

Further, in accordance with the provisions of
Section 136 of the Act, the Standalone Audited

Financial Statements, the Consolidated Audited
Financial Statements, along with relevant
documents, and the separate audited financial
statements of each subsidiary are available on the
Company's website at www.easemvtriD.com.

(b) Incorporation/Acquisition of Subsidiaries
during the financial year under review

As on March 31, 2025, the Company has 19
(Nineteen) Direct Subsidiaries and 2 Step-down
Subsidiaries within the meaning of Sections 2(87)
of the Companies Act, 2013 ("Act").

Further, the Company has incorporated following
Subsidiary / Step-down subsidiary Companies in

India and abroad namely:

• Easy Green Mobility Private Limited direct

subsidiary of the Company; Easy Trip Planners
Limited, Saudi Arabia direct subsidiary of the

Company;

• Easy Trip Planners Do Brasil Ltda.
direct subsidiary of the Company

• Ease My Trip Tours L.L.C step-down subsidiary

of the Company and wholly owned subsidiary
of EaseMyTrip Middleeast DMCC; and

• Ease My Trip Holiday Homes L.L.C step-down
subsidiary of the Company and wholly owned
subsidiary of EaseMyTrip Middleeast DMCC.

No company ceased to be the subsidiary, during the
year under review.

There has been no material change in the nature of
the business of the Company's subsidiaries. The policy

for determining material subsidiaries of the Company

is available on the Company's website URL: https://
www.easemvtriD.com/investor-Ddf/Poiicv-For-
Determinina-Materiai-Subsidiaries.pdf

12. SECRETARIAL STANDARDS

Pursuant to the provisions of Section 118 of the

Companies Act, 2013, the Company has complied with
the aDDiicabie Secretariai Standards issued bv the
Institute of Company Secretaries of India (ICSI) and
notified by the Ministry of Corporate Affairs.

13. DEPOSITS

During the financial year under review, the Company
has not accepted any deposits from the public within
the meaning of Section 73 of the Companies Act, 2013,
read with the Companies (Acceptance of Deposits)
Rules, 2014. Further, the Company does not have any
unclaimed or unpaid matured deposits or any interest
due thereon as on the date of this Report.

14. directors and key managerial personnel (kmp)

As on March 31, 2025, the following individuals were serving as Directors on the Board of the Company and as Key

Managerial Personnel (KMPs):

Appointment/ Re-Appointment/ Cessation/ Change in

Designation

• Mr. Nishant Pitti (DIN: 02172265) was re-appointed

as the Whole-time Director of the Company for a
term of five year with effect from May 10, 2024 till
May 09, 2029.

• Mr. Rikant Pittie (DIN: 03136369) was re-appointed

as the Whole-time Directors of the Company for a
term of five year with effect from June 13, 2024
till June 12, 2029.

• Mr. Nishant Pitti (DIN: 02172265) resigned
from the position of the Chief Executive Officer

(CEO) of the Company with effect from January
01, 2025.

• Mr. Rikant Pittie (DIN: 03136369) was appointed as
the Chief Executive Officer (CEO) of the Company

with effect from January 01, 2025 and was
designated as the Key Managerial Personnel (KMP)
under the provisions of the Companies Act, 2013

and Listing Regulations.

In accordance with provisions of the Act and the Articles
of Association of the Company, Mr. Rikant Pittie,

Executive Director (DIN: 03136369)is liable to retire by

rotation at this ACM and is eligible for re-appointment.

Profile and other information of Mr. Rikant Pittie
as required under Regulation 26, Regulation 36 of
SEBI (Listing Obligations & Disclosure Requirements)

Regulations, 2015 and Secretarial Standard - 2 is given
as an Annexure to the Notice convening this Annual
General Meeting.

After the closure of Financial Year, the Company has
appointed Mrs. Ruchi Ghanashyam (DIN: 09148241)

and Mrs. Neena Kumar (DIN: 10551695) as Independent
Directors of the Company w.e.f. 1^st July, 2025 for a term
of 5 years through Special Resolution passed by the
shareholders on 30^th June, 2025 through Postal Ballot.

Further, Mr. Satya Prakash and Justice Usha Mehra
(retired) have completed their second term as
Independent Director(s) on 2^nd July, 2025.

Mr. Prashant Pitti ( DIN: 02334082 ) resigned from the

position of Managing Director of the Company with
effect from August 29, 2025.

Mr. Nishant Pitti (DIN: 02172265) is appointed as

Chairman & Managing Director with effect from
August 29, 2025 subject to shareholders' approval.

Mr. Vikas Bansal (DIN:1 1267665) is appointed as
Whole-time Director with effect from August 29, 2025
subject to shareholders' approval.

15. INDEPENDENT DIRECTORS' DECLARATION

As on March 31, 2025, the following individuals served

as Independent Directors on the Board of the Company:

1. Mr. Satya Prakash

2. Justice Usha Mehra (Retired)

3. Mr. Vinod Kumar Tripathi

During the financial year under review, there were no
appointments or resignations of Independent Directors.

Pursuant to the provisions of Section 149 of the
Companies Act, 2013, and Regulation 25 of the SEBI
(Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("Listing Regulations"), the

Independent Directors have submitted declarations
confirming that they meet the criteria of independence
as prescribed under Section 149(6) of the Act, read with
the applicable rules, and Regulation 16(1 )(b) of the
Listing Regulations.

Further, in accordance with Regulation 25(8) of the
Listing Regulations, the Independent Directors have
confirmed that they are not aware of any circumstance
or situation which exists or may reasonably be
anticipated that could impair or impact their ability
to discharge their duties with objective independent
judgment and without any external influence.

Additionally, all Independent Directors have
submitted declarations of compliance with Rule 6(3)
of the Companies (Appointment and Qualification of
Directors) Rules, 2014, as amended by the Ministry of
Corporate Affairs (MCA) Notification dated October 22,
2019, pertaining to their enrollment in the Independent
Directors' Data Bank maintained by the MCA.

In terms of the provisions of the Companies Act, 2013,

a meeting of the Independent Directors was held on
March 07, 2025, which was attended by all Independent
Directors.

In compliance with the requirements under the Listing

Regulations, the Company has established a structured

framework for the Familiarization Programme for
Independent Directors. This programme is aimed
at familiarizing them with their roles, rights, and
responsibilities as Directors, the nature of the industry

in which the Company operates, the Company's
business model, and other relevant matters. Details of
the familiarization programmes conducted during the
financial year under review are provided in the Corporate
Governance Report and are also available on the
Company's website at https://www.easemvtrip.com/
investor-pdf/Familiarization-Program-for-Independent-
Directors.pdf.

16. BOARD EVALUATION

Pursuant to the provisions of the Companies Act,
2013 and the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, the Board of

Directors, at its meeting held on 30^th May, 2025, carried
out the annual performance evaluation of the Board
as a whole, individual Directors, and the functioning
of its committees, including the Audit Committee,

Nomination and Remuneration Committee, and other
Committees of the Board.

The methodology and criteria for the evaluation, along
with the outcomes, are detailed in the Corporate
Governance Report, which forms part of this Annual
Report. The link to the board evaluation policy is
https://www.easemytrip.com/investor-pdf/202 3/
Board-Evaluation-Policy.pdf.

17. COMMITTEES OF BOARD

The Company has constituted the following Committees
as mandated under the Companies Act, 2013 and the
SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, along with the applicable rules
framed thereunder:

(A) Audit Committee;

(B) Nomination and Remuneration Committee (NRC);

(C) Stakeholders Relationship Committee (SRC);

(D) Risk Management Committee (RMC);

(E) Corporate Social Responsibility Committee (CSR);

(F) Initial Public Offer Committee (IPO);

(G) Qualified Institutional Placement Committee

(QIP); and

(H) Sexual Harassment Committee (SHC).

The detailed composition, terms of reference, and
functioning of these Committees are provided in the

Corporate Governance Report, which forms an integral
part of this Annual Report.

18. VIGIL MECHANISM AND WHISTLE BLOWER
POLICY:

Pursuant to the provisions of Section 177(9) of the Act,

the Board of Directors of the Company has framed the
igil Mechanism / Whistle Blower Policy for Directors
and Employees of the Company. The Company has
adopted a Whistle Blower Policy, as part of Vigil
mechanism to provide appropriate avenues to the
Directors and Employees to bring to the attention of
the management any issue which is perceived to be in
the violation of or in conflict with the business interest
of the company. During the year, there have been no
complaints received.

The policy also provides access to the Chairperson of

the Audit Committee under certain circumstances.

During the financial year under review, no complaints
were received under the Whistle Blower Policy.

The Whistle Blower Policy is available on the
Company's website and can be accessed at: https://
www.easemytrip.com/investor-pdf/WHISTLE-BLOWER-
POLICY 1.pdf

19. NOMINATION CUM REMUNERATION POLICY

For the purpose of selecting Directors, Key Managerial

Personnel (KMP), and Senior Management personnel,
the Nomination and Remuneration Committee
evaluates and identifies individuals of integrity
who possess the requisite qualifications, expertise,
experience, and leadership competencies appropriate
for the respective roles. The Committee also ensures
that the candidates meet the eligibility criteria with
respect to age, educational background, and other
requirements as prescribed under the Companies Act,
2013 and other applicable laws and regulations.

Pursuant to the provision of Section 178 of the

Companies Act, 2013 and the recommendations of
the Nomination and Remuneration Committee, the
Board has adopted a comprehensive Nomination
and Remuneration Policy, which outlines the
guiding principles for selection, appointment, and
determination of remuneration for Directors, KMPs,
and Senior Management personnel of the Company.

The salient features of the Policy as approved by the
Board and amended from time to time are as follows:

i. Appointment of the Directors and Key Managerial
Personnel of the Company.

ii. Fixation of the remuneration of the Directors, Key

Managerial Personnel and other employees of the
Company.

iii. Formulate a criterion for determining

qualifications, positive attributes and
independence of a director.

iv. Specify methodology for effective evaluation
of performance of Board/committees of the
Board and review the terms of appointment of
Independent Directors on the basis of the report
of performance evaluation of the Independent
Directors.

v. To ensure a transparent nomination process for
directors with the diversity of thought, experience,

knowledge, perspective and gender in the Board.

vi. Undertake any other matters as the Board may
decide from time to time.

The Nomination and Remuneration Policy of the
Company is available on the website and can be accessed
at the following URL: https://www.easemytrip.com/
investor-odf/Nomination-and-Remuneration-Policv-

20mar.pdf

20. WEB LINK OF ANNUAL RETURN

The Annual Return of the Company as on the financial
year ended on March 31, 2025 in terms of Section 92

and Section 134 of the Act is available on the website
of the Company at: https://www.easemvtrip.com/
investor-relations.html

21. IEPF

During the financial year under review, the Company

was not required to transfer any funds and equity
shares to the investor education and protection fund as
per the provisions of Section 125 of the Act.

The details of unpaid/ uncashed dividend lying in
the unpaid dividend account up to the year are
available on the website of the company at: https://
www.easemytrip.com/investor-relations.html

22. AUDIT REPORT AND AUDITORS
STATUTORY AUDITORS

At the 16^th Annual General Meeting held on
September 28, 2024, the Shareholders approved
the appointment of M/s. Walker Chandiok & Co.
LLP, Chartered Accountants (Firm Registration No.

001076N/N500013) as the Statutory Auditors of the
Company for a term of five (5) consecutive years, to

hold office from the conclusion of the 16^th Annual
General Meeting until the conclusion of the 21^st Annual
General Meeting to be held in the year 2029.

The Statutory Auditors have confirmed their eligibility

to continue as Auditors of the Company in accordance
with the provisions of Section 141 of the Companies Act,
2013 and the Rules framed thereunder. In accordance
with the requirements of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015, they
have also confirmed that they hold a valid certificate
issued by the Peer Review Board of the Institute of
Chartered Accountants of India.

The report of the Statutory Auditor forms part

of this Integrated Report and Annual Accounts
2024-25. The said report does not contain any
qualification, reservation, adverse remark or disclaimer.
However, the observations of the Statutory Auditors in
their report read together with the Notes on Accounts
are self-explanatory and therefore, do not call for any
further explanation.

SECRETARIAL AUDITOR

In terms of Section 204 of the Act and the Rules made

there under, M/s Sharma and Trivedi LLP, Company
Secretaries, Practicing Company Secretaries, were
appointed as the Secretarial Auditors of the Company

for the financial year 2024-25.

The Secretarial Auditors have submitted their report,
confirming that the Company has complied with all
applicable provisions of corporate laws. The report does
not contain any qualification, reservation, disclaimer, or
adverse remark.

The Secretarial Audit Report and the Secretarial
Compliance Report are annexed to this Report as
Annexure B.

Also, in accordance with the provisions of Section

204 of the Companies Act, 2013 and the rules made
thereunder and Regulation 24A of the SEBI Listing
Regulations, the Board of the Company based on the
recommendation of Audit Committee approved the
appointment of M/s. SMD & Co, Company Secretaries,
(Unique Identification Number: S2023HR924000), a
peer reviewed firm of Company Secretaries in Practice

as the Secretarial Auditors of the Company for a term
of five (5) to hold office from the conclusion of the
17^th Annual General Meeting until the conclusion of
the 22^nd Annual General Meeting to be held in the year
2030, subject to approval of the Shareholders of the
Company at the ensuing AGM.

INTERNAL AUDITOR

The Company appointed M/s. Crowe Advisory Services
(India) LLP (LLPIN: AAO-5909), Chartered Accountants,
Mumbai, as the Internal Auditor of the Company for the
financial year 2024-25 to carry out the internal audit
of the Company in accordance with the provisions of
Section 138 of the Companies Act, 2013 and the rules
made thereunder.

23. COST RECORDS AND AUDIT

The maintenance of cost records and the requirement
of cost audit as prescribed under the provisions of
Section 148(1) of the Companies Act, 2013, are not
applicable to the business activities carried out by the
Company.

24. DETAILS OF FRAUD REPORTED BY AUDITOR

During the financial year under review, neither the
Statutory Auditors nor the Secretarial Auditor have
reported any instances of fraud to the Audit Committee
under Section 143(12) of the Companies Act, 2013,

involving officers or employees of the Company, which
would require disclosure in the Board's Report.

25. PARTICULARS OF LOANS, GUARANTEES OR
INVESTMENT

The details of loans, guarantees and investments
covered under the provisions of Section 186 of the
Companies Act, 2013 are provided in the financial
statements for the year ended March 31, 2025, which
form part of this Annual Report.

26. CONTRACTS AND ARRANGEMENTS WITH
RELATED PARTIES

During the financial year under review, all contracts,
arrangements, or transactions entered into by the
Company with related parties were on an arm's length

basis and in the ordinary course of business, and were
in compliance with the applicable provisions of the

Companies Act, 2013.

Form AOC-2, pursuant to Section 134(3)(h) of the
Companies Act, 2013 read with Rule 8(2) of the
Companies (Accounts) Rules, 2014, is provided in

Annexure-C to this Report.

The Company has implemented robust processes and
procedures for the identification and monitoring of
related parties and related party transactions. The Policy
on Related Party Transactions, which ensures proper
reporting, approval, and disclosure procedures for such
transactions, is available on the Company's website
at: https://www.easemvtriD.com/investor-Ddf/2023/

Related-Partv-Transactions-Policv.pdf

27. MATERIAL CHANGES AND COMMITMENTS, IF
ANY, AFFECTING THE FINANCIAL POSITION
OF THE COMPANY WHICH HAVE OCCURRED
BETWEEN THE END OF THE FINANCIAL YEAR
OF THE COMPANY TO WHICH THE FINANCIAL
STATEMENTS RELATE AND THE DATE OF THE
REPORT

There have been no significant material changes and
commitments affecting the financial position of the
Company between the end of the financial year to
which the financial statements relate and the date of
this Report.

28. CONSERVATION OF ENERGY, TECHNOLOGY
ABSORPTION AND FOREIGN EXCHANGE
EARNINGS & OUTGO

The information required under Section 134(3)(m)
of the Companies Act, 2013, read with Rule 8(3) of
the Companies (Accounts) Rules, 2014, relating to
conservation of energv, technologv absorption, and

foreign exchange earnings and outgo is provided in
Annexure-D and forms part of this Report.

The Company, being engaged in the Travel and Tourism
industry, does not undertake activities involving
significant technology absorption or research and
development expenditure. Accordingly, the particulars
prescribed under the Companies (Accounts) Rules, 2014
in respect of conservation of energv and technologv
absorption are not applicable to the Companv.
However, the Company continues to adopt measures
for efficient energy usage and strives to optimize
energv consumption across its operations.

29. RISK MANAGEMENT POLICY

Pursuant to the provisions of Section 134(3)(n) of

the Companies Act, 2013, the Company has adopted
appropriate measures for the development and

implementation of a Risk Management System.
The system is designed after identifying elements
of risk which, in the opinion of the Board, may pose a
threat to the Company's continued existence.

The Company has established a comprehensive Risk
Management process involving risk identification,
assessment and prioritization, followed by coordinated
efforts to mitigate, monitor and manage the impact
or likelihood of adverse events, while also seeking to
maximize potential opportunities.

The Risk Management framework is periodically
reviewed by the Board of Directors to ensure that

executive management is effectively addressing risks
through a structured and well-defined approach.
Identified major risks are addressed on an ongoing
basis through appropriate mitigation strategies.

The Company's Risk Management Policy is available
on its website at: httDs://www.easemvtriD.com/
investor-Ddf/2022/Risk-Management-Policv-20-12-22.
pdf?v=1

30. corporate social responsibility (csr)

The Company has implemented its CSR initiatives
through the EaseMyTrip Foundation, focusing on a
broad spectrum of activities including environmental
sustainability, protection of national heritage,
promotion of art and culture (such as restoration of
historical buildings and sites), healthcare support,
promotion of education - particularly for girls by
providing essential amenities, animal welfare, and the
training of sportspersons.

Your Company regards Corporate Social Responsibility
as an integral part of its business philosophy. it aims
to operate in a sustainable manner that contributes
positively to society and aligns with stakeholder
interests. In accordance with Section 135 and
Schedule VII of the Companies Act, 2013, the Board
of Directors has constituted a CSR Committee,
which has formulated a comprehensive CSR Policy.
This policy is available on the Company's website at:
https://www.easemvtrip.com/investor-pdf/2024/
CorDorate-Socia^-ResDonsibi^itv-Po^icv.Ddf

For the FY 2024-25, the CSR budget was f3,35,00,426/-,
out of which the Company spent f 1,44,08,139/- on CSR
activities. The Annual Report on CSR activities for the
year ended March 31, 2025, along with the composition
of the CSR Committee, is provided in Annexure E to this
Report.

31. MANAGEMENT'S DISCUSSION AND ANALYSIS

In accordance with the provisions of Regulation
34(2) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, the Management

Discussion and Analysis Report forms an integral part
of this Integrated Annual Report.

32. CORPORATE GOVERNANCE REPORT

Pursuant to the provisions of Regulation 34(3) read
with Schedule V of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, the

Report on Corporate Governance for the financial
year 2024-25 forms an integral part of this Integrated
Annual Report.

33. BOARD POLICIES

The details of the policies approved and adopted by
the Board as required under the Act and Securities and
Exchange Board of India (SEBI) regulations are provided
in Annexure F to the Board's report.

34. NUMBER OF MEETINGS OF THE BOARD

The Board of Directors met fourteen (14) times during

the financial year under review. The details of these
meetings, including the dates and attendance of
Directors, are provided in the Corporate Governance
Report, which forms part of this Integrated Annual
Report. The maximum interval between any two
consecutive Board meetings did not exceed 120 days,
thereby complying with the requirements prescribed
under the Companies Act, 2013.

35. BUSINESS RESPONSIBILITY AND

sustainability report (brsr)

As mandated under the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015,

the Business Responsibility and Sustainability
Report (BRSR), detailing the initiatives undertaken
by the Company from an Environmental, Social, and
Governance (ESG) perspective, forms an integral part of
this Annual Report.

36. PARTICULARS OF EMPLOYEES

Pursuant to Section 197 of the Companies Act, 2013,

read with Rule 5(1) of the Companies (Appointment
and Remuneration of Managerial Personnel) Rules,
2014, the requisite details are provided in Annexure G

to this Report.

Further, in accordance with Rule 5(2) of the said Rules,

a statement containing the names and other particulars

of the top ten employees in terms of remuneration
drawn, as well as details of employees receiving
remuneration in excess of the prescribed limits, is not
applicable in this financial year.

37 INTERNAL FINANCIAL CONTROL & ITS
ADEQUACY

The Management of the Company engaged M/s. ADMS &
Co., Chartered Accountants, to assist in the updating of
the Risk Control Matrix ("RCM") and to carry out the
necessary testing of internal controls. The RCM, along
with the results of the control testing, was reviewed
and adopted by the Management and shared with the
Statutory Auditors for their independent assessment.

The Statutory Auditors have reviewed the RCM and

testing outcomes and provided their observations,
which were duly considered and adopted by the Board.
The implementation of the RCM is expected to enhance
the effectiveness of the Company's internal control
environment and contribute positively to the long-term
growth of the Company by identifying and eliminating
operational inefficiencies.

During the financial year under review, the internal
controls were evaluated and no material weaknesses in
the design or operational effectiveness of such controls
were reported. Based on the review and evaluation,
the Board is of the opinion that the Company's
internal financial controls are adequate and operating
effectively.

38. DETAILS OF SIGNIFICANT AND MATERIAL
ORDERS PASSED BY THE REGULATORS,
COURTS AND TRIBUNALS

During the financial year under review, no significant or
material orders were passed by any regulators, courts,
or tribunals which would impact the going concern
status of the Company or its future operations.

39. PREVENTION OF SEXUAL HARASSMENT AT
WORKPLACE

The Company has implemented a Prevention of Sexual
Harassment (POSH) Policy in accordance with the
provisions of "The Sexual Harassment of Women at the
Workplace (Prevention, Prohibition and Redressal) Act,
2013" and the Rules framed thereunder. The policy is
applicable to all employees across the Company and
its subsidiaries, including permanent, contractual,
temporary, and trainee staff.

The Company is committed to providing a safe, secure,
and dignified work environment that is free from any

form of discrimination or harassment. To promote
awareness and ensure compliance, regular training
and sensitization programmes are conducted for
employees.

In compliance with the Act, the Company has
constituted duly formed Internal Complaints

Committees (ICC) at all operational units to address
any grievances or complaints pertaining to sexual
harassment. The Company has complied with all
statutory requirements relating to the constitution and

functioning of the ICC.

No complaints pertaining to sexual harassment were
received by the Internal Complaints Committees.

40. COMPLIANCE WITH THE PROVISIONS OF
MATERNITY BENEFIT ACT 1961

During the year under review, the Company has made
compliance with the applicable provisions of the
Maternity Benefit Act 1961

41. DETAILS OF APPLICATION MADE OR
ANY PROCEEDING PENDING UNDER THE
INSOLVENCY AND BANKRUPTCY CODE, 2016

During the financial year under review, no application
was made by the Company, nor is any proceeding
pending against the Company under the Insolvency and
Bankruptcy Code, 2016.

42. CYBER SECURITY

During the year, Cyber Security and related risks were

reviewed by the Risk Management Committee and
necessary actions were taken to mitigate any risk
associated with Cyber Security.

43. OTHER DISCLOSURES

During the financial year under review, disclosure
pertaining to the details of differences between the
amount of valuation conducted at the time of one-time
settlement and the valuation carried out for obtaining
loans from banks or financial institutions, along with
the reasons thereof, is not applicable to the Company.

44. DIRECTOR'S RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Companies Act, 2013,

the Directors, to the best of their knowledge and belief,
confirm that:

a) in the preparation of the annual accounts for
the year ended March 31, 2025, the applicable
accounting standards had been followed, along
with proper explanation relating to material

departure(s), if any;

b) the Directors have selected such accounting

policies and applied them consistently and made
judgements and estimates that are reasonable
and prudent, so as to give a true and fair view of
the state of affairs of the Company as at the end of
the financial year March 31, 2025 and of the profit
of the Company for that period;

c) the Directors have taken proper and sufficient
care for the maintenance of adequate accounting
records in accordance with the provisions of this
Act for safeguarding the assets of the Company
and for preventing and detecting fraud and other
irregularities;

d) the Directors have prepared the annual accounts
on a 'going concern' basis;

e) the Directors have laid down internal financial
controls to be followed by the Company and such

internal financial controls are adequate and are
operating effectively; and

f) the Directors have devised proper systems to
ensure compliance with the provisions of all

applicable laws and that such systems were
adequate and operating effectively.

ACKNOWLEDGMENT

The Board of Directors wishes to place on record

its deep and sincere appreciation to the Company's
bankers, business associates, consultants, and various
Government authorities for their steadfast support and
cooperation extended to the Company's operations
during the financial year under review. The Board
also conveys its profound gratitude to the esteemed
shareholders for their enduring trust, confidence,
and encouragement, which continue to inspire and
strengthen the Company's journey towards sustained
growth and excellence.

For and on behalf of the Board
Easy Trip Planners Limited

Nishant Pitti

Date: August 29, 2025 Chairman

Place: Delhi DIN: 02172265