MakeMyTrip Amends Share Repurchase Agreement with Trip.com
Ticker: MMYT · Form: 6-K · Filed: Jun 24, 2025 · CIK: 1495153
| Field | Detail |
|---|---|
| Company | Makemytrip LTD (MMYT) |
| Form Type | 6-K |
| Filed Date | Jun 24, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-repurchase, amendment, agreement
Related Tickers: TCOM
TL;DR
MakeMyTrip and Trip.com just amended their share repurchase deal from last week.
AI Summary
On June 23, 2025, MakeMyTrip Limited entered into an amended and restated share repurchase agreement with Trip.com Group Limited. This agreement amends and restates the original share repurchase agreement that was established on June 16, 2025.
Why It Matters
This amendment to the share repurchase agreement could signal changes in the companies' capital allocation strategies or ongoing business relationship.
Risk Assessment
Risk Level: low — The filing is a routine update on an existing agreement and does not introduce new financial risks.
Key Players & Entities
- MakeMyTrip Limited (company) — Registrant and party to the agreement
- Trip.com Group Limited (company) — Counterparty to the agreement
- June 23, 2025 (date) — Date of the amended and restated agreement
- June 16, 2025 (date) — Date of the original agreement
FAQ
What is the primary purpose of the amended and restated share repurchase agreement?
The filing states that the agreement amends and restates the original share repurchase agreement dated June 16, 2025, but does not specify the primary purpose of the repurchase itself.
Who are the parties involved in the share repurchase agreement?
The parties involved are MakeMyTrip Limited and Trip.com Group Limited.
When was the original share repurchase agreement entered into?
The original share repurchase agreement was entered into on June 16, 2025.
What is the date of the amended and restated share repurchase agreement?
The amended and restated share repurchase agreement is dated June 23, 2025.
Is this a new share repurchase program or an amendment to an existing one?
This is an amendment and restatement of an existing share repurchase agreement that was originally dated June 16, 2025.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 24, 2025 regarding MakeMyTrip Ltd (MMYT).