Yatra Online Limited (YOL) has achieved a major corporate milestone with the approval of its Composite Scheme of Amalgamation by the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench.
The NCLT, in its order dated October 14, 2025, found the scheme to be fair, lawful, and consistent with public policy. The company officially announced the approval on October 15, 2025.
Overview of the Amalgamation
The approved scheme facilitates the merger of six wholly owned subsidiaries into Yatra Online Limited, effective from the Appointed Date of April 1, 2024.
The merging entities include:
Yatra TG Stays Private Limited (YATRA TG)
Yatra Hotel Solutions Private Limited (YHS)
Yatra For Business Private Limited (YFB)
Yatra Corporate Hotel Solutions Private Limited (YCHS)
Travel.Co.In Private Limited (TCIPL)
Yatra Online Freight Services Private Limited (YOFS)
Purpose and Scope of the Merger
The amalgamation aims to consolidate Yatra’s various travel-related and support businesses into one streamlined structure, enhancing operational and financial efficiency.
YATRA TG & YHS manage online accommodation bookings.
YCHS, YFB & TCIPL focus on travel and booking services for both corporate and retail customers.
YOFS operates in freight forwarding and logistics.
YOL, as the surviving entity, offers a comprehensive suite of travel services including flights, hotels, holidays, trains, buses, and cabs through www.yatra.com and its mobile apps.
Strategic Benefits of the Amalgamation
The merger is designed to streamline operations and create synergistic advantages across Yatra’s business verticals:
Business Integration: Consolidates all travel and service platforms under one entity for improved scalability.
Operational Efficiency: Encourages optimal resource utilization and economies of scale.
Cost Optimization: Reduces overheads and eliminates redundant administrative and operational functions.
Simplified Corporate Structure: Enhances capital efficiency and governance by reducing multiple legal entities within the group.
Next Steps
The amalgamation will take effect once Yatra Online Limited files the certified NCLT order with the Registrar of Companies, Mumbai. Since all transferor entities are wholly owned subsidiaries, no new shares will be issued, and the existing investments in those subsidiaries will be cancelled.
This strategic consolidation marks a key step in Yatra’s ongoing efforts to strengthen its market leadership and streamline its corporate structure for sustained growth.
