Yatra Online denied reports that rival travel platform ixigo was in advanced talks to acquire a 15–20% stake from its promoters. The clarification was filed with the stock exchanges on June 22, 2026, following queries from the National Stock Exchange and Bombay Stock Exchange after a CNBC Awaaz report claimed ixigo had submitted a formal bid with talks nearing completion.
The denial came after Yatra shares rose as much as 5.5% on the initial report. Yatra stated the report was "inaccurate and based on market rumours" and confirmed it had no disclosable events under Securities and Exchange Board of India (SEBI) rules. The exchanges had sought clarification on June 19, reflecting the market impact of the speculation.
The two companies operate in complementary segments of the travel market. ixigo focuses on individual travellers booking trains, buses, and budget flights, reporting Rs 1,228 crore in revenue for FY26, a 34% increase. Yatra primarily serves corporate clients booking travel for employees, with Rs 1,006.5 crore in revenue, up 27.2%. Combined, their FY26 revenues total approximately Rs 2,235 crore, suggesting potential synergies if a deal were to materialize.
Yatra’s clarification filing on June 22, 2026, is publicly available on the stock exchanges, confirming no ongoing stake-sale discussions with ixigo. The companies’ FY26 financial disclosures provide the latest verified data on their market positions and revenues.