EaseMyTrip gets board nod for raising funds up to INR 1,000 crore

The company further said that the board's in-principle approval pertains to "identifying the optimum combination of equity shares and/or warrants convertible into equivalent number of equity shares of the company to be issued on preferential basis for raising funds up to INR 1,000 crore." In December last year, the company said it had recently secured a non-controlling, 13 per cent stake in Eco Hotels and Resorts Limited, a BSE-listed entity.

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