For
Rollins International, the company said it will pay the subscription amount by
equity share swap, which means it will issue its own fully paid-up equity
shares on a preferential basis.
For
Pflege Home Halthcare Center, the company said it has purchased certain shares
from the selling shareholders for ₹20 crore and has subscribed to new shares
for an aggregate subscription of ₹10 crore on an equity share swap basis.
The
company announced plans to foray into EV manufacturing as well. Its board
approved the proposal to incorporate a wholly-owned subsidiary to manufacture
electric buses. The same is subject to necessary approvals from the ministry of
corporate affairs.
Last month, the company's co-founder Prashant Pitti
told CNBC-TV18 that the company plans to keep
prioritising profit growth, with a stronger focus on expanding into non-air
travel services and international markets.
The company's revenue grew 23.1% to ₹152.6 crore
in the June quarter, compared to the previous year's ₹124 crore. Its earnings
before interest, taxes, depreciation, and amortisation (EBITDA) witnessed a
34.9% increase from ₹34.7 crore to ₹46.8 crore in the June quarter. The EBITDA
margin improved to 30.7% from 28%. Its profit after tax also increased by 30.9%
to ₹33.9 crore, from the previous year's ₹25.9 crore.
Shares of Easy Trip Planners were down 0.21% at
₹42.11 apiece at 1.19 pm on Tuesday, September 17. The stock has gained 8.28% in the past month.