Yatra denies ixigo stake-buy talks, calls CNBC Awaaz report 'inaccurate'

Yatra clarified to NSE/BSE that reports of ixigo promoters being in advanced talks to acquire a 15-20% stake from its 62.66% promoter holding are inaccurate. The denial follows ixigo's aggressive acquisition spree funded by its ₹1,295 Cr QIP, even as Yatra posted a 46% YoY Q4 profit drop to ₹8.2 Cr.

— Source publishedMon, 22 Jun, 2026, 16:59 IST·First seen Mon, 22 Jun, 2026, 16:59 IST·Source Inc42

What happened

Yatra denied CNBC Awaaz report that ixigo promoters were in advanced talks to acquire 15-20% promoter stake. NSE/BSE sought clarification. ixigo has been on an

Key facts

  • 62.66% promoter stake
  • 15-20% targeted stake
  • Q4 net profit ₹8.2 Cr (-46% YoY)
  • Q4 revenue ₹189 Cr (-14%)
  • FY26 profit ₹46.8 Cr (+28%)
  • FY26 revenue >₹1,000 Cr (+27%)
  • QIP ₹1,295 Cr
  • Brevistay deal ₹65.7 Cr

Why this matters

Even if today's denial is literal truth, the 62.66% concentrated promoter holding and weak earnings trajectory keep Yatra a credible consolidation target—worth quietly mapping triggers, valuation floors, and ixigo's next move.

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