Yatra Online Limited has announced a major restructuring of its top leadership following a Board of Directors meeting held on Monday, November 24, 2025.
The outcome of the meeting, filed with the National Stock Exchange of India and BSE Limited, detailed the resignation of the incumbent Chief Executive Officer and the immediate appointment of a new CEO and Chairman.
The disclosure was filed by Anuj Kumar Sethi, the Chief Financial Officer of Yatra Online Limited, pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 (“Listing Regulations”).
The Board considered and noted the resignation of Mr. Dhruv Shringi from the position of Chief Executive Officer due to personal reasons.
Mr. Shringi’s resignation as CEO became effective from the close of business hours on November 24, 2025. In his resignation letter, dated November 24, 2025, Mr. Shringi thanked the Board of Directors for their support and cooperation during his tenure.
Crucially, while stepping down as CEO, Mr. Shringi will continue as the Whole-Time Director of the Company. Furthermore, the Board appointed Mr. Dhruv Shringi as the Chairman of the Board of Directors of Yatra Online Limited. This appointment was effective from the conclusion of the Board meeting.
Siddhartha Gupta Takes the Helm
In a corresponding move, the Board of Directors approved the appointment of Mr. Siddhartha Gupta as the new Chief Executive Officer and Key Managerial Personnel (KMP) of Yatra Online Limited.
The appointment is stated to be effective from November 25, 2025. However, supporting information filed under Regulation 30 notes the effective date for the appointment of Mr. Gupta as KMP and CEO as the close of business hours on November 24, 2025.
Mr. Gupta brings a wealth of leadership experience to Yatra Online. Most recently, he served as the President of Mercer India, which is a business unit of Marsh McLennan (NYSE: MMC). Under his leadership, Mercer India reportedly became the largest people advisory firm in the country.
Prior to leading Mercer India, Mr. Gupta was the Chief Executive Officer of Mercer Mettl, which grew under his direction into a globally recognised entity and became India’s largest online assessment company, and one of Mercer’s fastest growing business lines globally. Mr. Gupta’s career spans more than two decades, during which he also held leadership roles at major technology corporations, including SAP and HP.
The Board meeting that finalised these changes commenced at 07:58 P.M. (IST) and concluded shortly thereafter at 08:15 P.M. (IST) on November 24, 2025.
Yatra Online Limited noted that the official filing of the outcome was slightly delayed due to “some technical glitches at our end”. The disclosure includes information required under Regulation 30 of Listing Regulations read with the SEBI Master Circular dated November 11, 2024.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
